This page reflects SKYW 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 — SKYW
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $100.00 (3.11 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$3.55
±3.4%
Days to Expiry
3
Calendar days
Total Call OI
1,411
Nearest expiry
Total Put OI
320
Nearest expiry
P/C OI Ratio
0.23
Put-heavy
Spot Price
$103.11
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
$85.00
6/18/2026, 11:30:55 PM
2026-07-17
$92.50
7/17/2026, 11:32:28 PM
2026-08-21NextUpdated
$100.00
8/18/2026, 11:33:01 PM
2026-09-18
$105.00
8/18/2026, 11:33:01 PM
2026-10-16
$115.00
8/18/2026, 11:33:01 PM
2027-01-15
$105.00
8/18/2026, 11:33:01 PM
Selected expiration: 2026-08-21 at max pain $100.00.
SKYW pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
1046000
1046000
70
1000
726000
727000
80
3000
406000
409000
85
4000
250500
254500
87.5
4500
174250
178750
90
5500
141500
147000
92.5
7000
110000
117000
95
9250
79250
88500
97.5
12750
52000
64750
100
29500
35000
64500
105
75500
7500
83000
110
204500
0
204500
115
871000
0
871000
120
1568500
0
1568500
125
2272500
0
2272500
130
2978000
0
2978000
135
3683500
0
3683500
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.