Polestar Automotive Holding UK Close $14.59EOD only
Max Pain
$15.00
Next expiry Aug 21, 2026
Expected Move
±$1.27
8.7% from close
Price Gap
+0.41
Distance to max pain
IV Rank
9
Low premium
P/C OI
0.18
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects PSNY options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — PSNY
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $15.00 (0.41 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$15.00
Nearest expiry
Expected Move
±$1.27
±8.7%
Days to Expiry
3
Calendar days
Total Call OI
201
Nearest expiry
Total Put OI
194
Nearest expiry
P/C OI Ratio
0.97
Put-heavy
Spot Price
$14.59
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$20.00
6/18/2026, 11:28:08 PM
2026-07-17
$19.00
7/17/2026, 11:27:16 PM
2026-08-21NextUpdated
$15.00
8/18/2026, 11:26:13 PM
2026-09-18
$14.00
8/18/2026, 11:26:13 PM
2026-10-16
$22.00
8/18/2026, 11:26:13 PM
2027-01-15
$0.50
8/18/2026, 11:26:13 PM
Selected expiration: 2026-08-21 at max pain $15.00.
PSNY pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
213200
213200
10
0
58000
58000
12
0
33800
33800
13
200
22100
22300
14
1100
11400
12500
15
2700
1800
4500
16
7700
800
8500
17
13500
300
13800
18
21100
200
21300
19
30200
100
30300
20
39500
0
39500
21
51500
0
51500
22
63900
0
63900
23
77900
0
77900
24
94300
0
94300
25
110800
0
110800
27
148200
0
148200
28
167200
0
167200
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.