thetaOwl

SCCO

Southern Copper CorporationClose $187.80EOD only
Max Pain
$190.00
Next expiry Aug 21, 2026
Expected Move
±$7.80
4.2% from close
Price Gap
+2.20
Distance to max pain
IV Rank
8
Low premium
P/C OI
1.13
Slightly put-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects SCCO 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 — SCCO
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $190.00 (2.20 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$190.00
Nearest expiry
Expected Move
±$7.80
±4.2%
Days to Expiry
3
Calendar days
Total Call OI
3,820
Nearest expiry
Total Put OI
7,583
Nearest expiry
P/C OI Ratio
1.99
Put-heavy
Spot Price
$187.80
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$195.008/7/2026, 11:31:17 PM
2026-08-14$195.008/14/2026, 11:35:51 PM
2026-08-21NextUpdated$190.008/18/2026, 11:29:44 PM
2026-08-28$180.008/18/2026, 11:29:44 PM
2026-09-04$190.008/18/2026, 11:29:44 PM
2026-09-11$195.008/18/2026, 11:29:44 PM
2026-09-18$185.008/18/2026, 11:29:44 PM
2026-09-25$185.008/18/2026, 11:29:44 PM
2026-10-02$185.008/18/2026, 11:29:44 PM
2026-10-16$175.008/18/2026, 11:29:44 PM
2026-11-20$180.008/18/2026, 11:29:44 PM
2026-12-18$185.008/18/2026, 11:29:44 PM
2027-01-15$175.008/18/2026, 11:29:44 PM
2027-03-19$190.008/18/2026, 11:29:44 PM
2027-07-16$200.008/18/2026, 11:29:44 PM
Selected expiration: 2026-08-21 at max pain $190.00.
SCCO pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
47.509200075092000750
5009010625090106250
5508631925086319250
6008253775082537750
6507875725078757250
7507119625071196250
8006745225067452250
8506370875063708750
87.506185050061850500
9005999300059993000
92.505813550058135500
957505627950056280250
97.522505442350054425750
10037505257125052575000
10572504889175048899000
110107504522825045239000
115147504156975041584500
120187503792225037941000
125232503430025034323500
130277503068425030712000
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.