Shoals Technologies Group, Inc.Close $7.68EOD only
Max Pain
$9.00
Next expiry Aug 21, 2026
Expected Move
±$0.65
8.5% from close
Price Gap
+1.32
Distance to max pain
IV Rank
37
Middle-high premium
P/C OI
0.35
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects SHLS 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 — SHLS
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $9.00 (1.32 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$9.00
Nearest expiry
Expected Move
±$0.65
±8.5%
Days to Expiry
3
Calendar days
Total Call OI
13,217
Nearest expiry
Total Put OI
8,083
Nearest expiry
P/C OI Ratio
0.61
Put-heavy
Spot Price
$7.68
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
$9.00
6/18/2026, 11:29:59 PM
2026-07-17
$8.00
7/17/2026, 11:36:42 PM
2026-08-21NextUpdated
$9.00
8/18/2026, 11:32:46 PM
2026-09-18
$9.00
8/18/2026, 11:32:46 PM
2026-10-16
$9.00
8/18/2026, 11:32:46 PM
2026-11-20
$10.00
8/18/2026, 11:32:46 PM
2027-01-15
$5.00
8/18/2026, 11:32:46 PM
2027-02-19
$8.00
8/18/2026, 11:32:46 PM
2027-03-19
$3.00
8/18/2026, 11:32:46 PM
2027-04-16
$5.00
8/18/2026, 11:32:46 PM
2027-05-21
$3.00
8/18/2026, 11:32:46 PM
2027-06-17
$7.00
8/18/2026, 11:32:46 PM
Selected expiration: 2026-08-21 at max pain $9.00.
SHLS pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
5759800
5759800
2
200
4952000
4952200
3
1100
4144200
4145300
4
4200
3337500
3341700
5
12200
2536400
2548600
6
20600
1759600
1780200
7
32300
1006000
1038300
8
52400
421400
473800
9
96300
276800
373100
10
271300
181300
452600
11
570500
127100
697600
12
964300
90500
1054800
13
1457700
56700
1514400
14
2018300
28600
2046900
15
2613600
500
2614100
16
3484700
400
3485100
17
4756400
300
4756700
18
6040300
200
6040500
19
7331700
100
7331800
20
8625800
0
8625800
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.