This page reflects QURE 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 — QURE
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $40.00 (7.38 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$40.00
Nearest expiry
Expected Move
±$3.35
±7.1%
Days to Expiry
3
Calendar days
Total Call OI
23,777
Nearest expiry
Total Put OI
4,924
Nearest expiry
P/C OI Ratio
0.21
Put-heavy
Spot Price
$47.38
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
$25.00
6/18/2026, 11:30:24 PM
2026-07-17
$20.00
7/17/2026, 11:27:08 PM
2026-08-21NextUpdated
$40.00
8/18/2026, 11:28:10 PM
2026-09-18
$40.00
8/18/2026, 11:28:10 PM
2026-10-16
$30.00
8/18/2026, 11:28:10 PM
2026-11-20
$45.00
8/18/2026, 11:28:10 PM
2026-12-18
$30.00
8/18/2026, 11:28:10 PM
2027-01-15
$25.00
8/18/2026, 11:28:10 PM
2027-04-16
$50.00
8/18/2026, 11:28:10 PM
Selected expiration: 2026-08-21 at max pain $40.00.
QURE pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
8774100
8774100
21
0
8282700
8282700
22
500
7791300
7791800
24
1500
6808900
6810400
25
3000
6317800
6320800
26
4800
5837600
5842400
27
8500
5361500
5370000
28
12300
4887500
4899800
29
16300
4414900
4431200
30
20500
3983100
4003600
31
34600
3581500
3616100
32
48800
3191700
3240500
33
63000
2802500
2865500
34
84600
2413500
2498100
35
106200
2034800
2141000
38
185400
1224200
1409600
39
215100
954000
1169100
40
244800
686300
931100
41
390600
548700
939300
42
661600
423000
1084600
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.