This page reflects SERV 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 — SERV
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $6.00 (1.45 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$6.00
Nearest expiry
Expected Move
±$0.29
±6.5%
Days to Expiry
3
Calendar days
Total Call OI
24,126
Nearest expiry
Total Put OI
10,264
Nearest expiry
P/C OI Ratio
0.43
Put-heavy
Spot Price
$4.55
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
2026-08-07
$6.00
8/7/2026, 11:31:12 PM
2026-08-14
$5.00
8/14/2026, 11:35:23 PM
2026-08-21NextUpdated
$6.00
8/18/2026, 11:40:04 PM
2026-08-28
$6.00
8/18/2026, 11:40:04 PM
2026-09-04
$8.50
8/18/2026, 11:40:04 PM
2026-09-11
$8.50
8/18/2026, 11:40:04 PM
2026-09-18
$8.00
8/18/2026, 11:40:04 PM
2026-09-25
$8.50
8/18/2026, 11:40:04 PM
2026-10-02
$9.00
8/18/2026, 11:40:04 PM
2026-11-20
$8.00
8/18/2026, 11:40:04 PM
2026-12-18
$7.00
8/18/2026, 11:40:04 PM
2027-01-15
$7.00
8/18/2026, 11:40:04 PM
2027-02-19
$7.00
8/18/2026, 11:40:04 PM
2027-03-19
$4.00
8/18/2026, 11:40:04 PM
Selected expiration: 2026-08-21 at max pain $6.00.
SERV pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
5802800
5802800
2
600
4776500
4777100
3
1600
3750400
3752000
3.5
2100
3239950
3242050
4
2600
2731250
2733850
4.5
6900
2266350
2273250
5
21750
1842100
1863850
5.5
118950
1522650
1641600
6
352750
1214650
1567400
6.5
648250
993700
1641950
7
985850
776600
1762450
7.5
1419900
628600
2048500
8
1879100
484750
2363850
8.5
2421850
360850
2782700
9
2965700
261900
3227600
9.5
3555300
205350
3760650
10
4145700
150500
4296200
11
5857200
58800
5916000
12
7701000
800
7701800
13
9741300
500
9741800
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.