This page reflects SIRI 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 — SIRI
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $29.00 (0.38 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$29.00
Nearest expiry
Expected Move
±$1.09
±3.8%
Days to Expiry
3
Calendar days
Total Call OI
43,084
Nearest expiry
Total Put OI
12,100
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$28.62
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
$30.50
8/7/2026, 11:30:54 PM
2026-08-14
$29.00
8/14/2026, 11:29:43 PM
2026-08-21NextUpdated
$29.00
8/18/2026, 11:28:50 PM
2026-08-28
$29.00
8/18/2026, 11:28:50 PM
2026-09-04
$30.00
8/18/2026, 11:28:50 PM
2026-09-11
$28.00
8/18/2026, 11:28:50 PM
2026-09-18
$27.00
8/18/2026, 11:28:50 PM
2026-09-25
$28.00
8/18/2026, 11:28:50 PM
2026-10-16
$31.00
8/18/2026, 11:28:50 PM
2026-11-20
$30.00
8/18/2026, 11:28:50 PM
2026-12-18
$26.00
8/18/2026, 11:28:50 PM
2027-01-15
$20.00
8/18/2026, 11:28:50 PM
2027-03-19
$26.00
8/18/2026, 11:28:50 PM
2027-06-17
$27.00
8/18/2026, 11:28:50 PM
Selected expiration: 2026-08-21 at max pain $29.00.
SIRI pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
19
0
9780500
9780500
20
300
8570500
8570800
21
1000
7360600
7361600
22
1900
6150700
6152600
23
2900
4941300
4944200
24
4000
3767000
3771000
25
5300
2600100
2605400
25.5
6200
2269550
2275750
26
7300
1939100
1946400
26.5
8500
1624950
1633450
27
9700
1312200
1321900
27.5
12000
1004400
1016400
28
14350
698600
712950
28.5
19750
533050
552800
29
30950
380950
411900
29.5
931100
240000
1171100
30
2668850
99950
2768800
30.5
4579900
62550
4642450
31
6500600
25550
6526150
31.5
8451650
13000
8464650
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.