Boston Beer Company, Inc. (The)Close $178.65EOD only
Max Pain
$170.00
Next expiry Aug 21, 2026
Expected Move
±$5.58
3.1% from close
Price Gap
-8.65
Distance to max pain
IV Rank
25
Low premium
P/C OI
0.67
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects SAM 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 — SAM
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $170.00 (8.65 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$170.00
Nearest expiry
Expected Move
±$5.58
±3.1%
Days to Expiry
3
Calendar days
Total Call OI
593
Nearest expiry
Total Put OI
542
Nearest expiry
P/C OI Ratio
0.91
Put-heavy
Spot Price
$178.65
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
$185.00
6/18/2026, 11:30:08 PM
2026-07-17
$175.00
7/17/2026, 11:29:46 PM
2026-08-21NextUpdated
$170.00
8/18/2026, 11:32:10 PM
2026-09-18
$180.00
8/18/2026, 11:32:10 PM
2026-12-18
$200.00
8/18/2026, 11:32:10 PM
2027-03-19
$145.00
8/18/2026, 11:32:10 PM
Selected expiration: 2026-08-21 at max pain $170.00.
SAM pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
110
0
2666000
2666000
115
0
2395500
2395500
120
0
2125500
2125500
125
0
1862500
1862500
130
0
1604000
1604000
135
0
1348000
1348000
140
500
1093500
1094000
145
1500
855500
857000
150
2500
621500
624000
155
4000
461500
465500
160
5500
311000
316500
165
7000
172000
179000
170
25500
73500
99000
175
54000
45500
99500
180
86000
22500
108500
185
130000
12500
142500
190
188500
7000
195500
195
299000
3500
302500
200
423500
0
423500
210
890500
0
890500
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.