This page reflects SLAB 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 — SLAB
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $210.00 (9.00 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$210.00
Nearest expiry
Expected Move
±$3.97
±1.8%
Days to Expiry
3
Calendar days
Total Call OI
909
Nearest expiry
Total Put OI
1,872
Nearest expiry
P/C OI Ratio
2.06
Put-heavy
Spot Price
$219.00
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
$220.00
6/18/2026, 11:28:43 PM
2026-07-17
$200.00
7/17/2026, 11:36:17 PM
2026-08-21NextUpdated
$210.00
8/18/2026, 11:32:47 PM
2026-09-18
$210.00
8/18/2026, 11:32:47 PM
2026-10-16
$210.00
8/18/2026, 11:32:47 PM
2026-11-20
$210.00
8/18/2026, 11:32:47 PM
2026-12-18
$170.00
8/18/2026, 11:32:47 PM
2027-01-15
$220.00
8/18/2026, 11:32:47 PM
Selected expiration: 2026-08-21 at max pain $210.00.
SLAB pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
150
0
3566000
3566000
155
0
2671500
2671500
160
0
2254500
2254500
165
0
1837500
1837500
175
0
1005500
1005500
180
0
590000
590000
185
0
175000
175000
190
0
68500
68500
195
0
43000
43000
200
0
29000
29000
210
6000
1000
7000
220
14000
0
14000
230
32000
0
32000
240
934000
0
934000
250
1836000
0
1836000
260
2745000
0
2745000
270
3654000
0
3654000
280
4563000
0
4563000
290
5472000
0
5472000
300
6381000
0
6381000
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.