thetaOwl

SNOW

Snowflake Inc.Close $330.11EOD only
Max Pain
$240.00
Next expiry Aug 21, 2026
Expected Move
±$13.85
4.2% from close
Price Gap
-90.11
Distance to max pain
IV Rank
53
Middle-high premium
P/C OI
0.95
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: Aug 17, 2026 close
End-of-day snapshot

This page reflects SNOW options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Aug 17, 2026 close
Max Pain — SNOW
Data as of market close Aug 17, 2026

Nearest listed expiration 2026-08-21 shows max pain at $240.00 (90.11 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$240.00
Nearest expiry
Expected Move
±$13.85
±4.2%
Days to Expiry
4
Calendar days
Total Call OI
45,274
Nearest expiry
Total Put OI
29,964
Nearest expiry
P/C OI Ratio
0.66
Put-heavy
Spot Price
$330.11
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$300.008/7/2026, 11:33:43 PM
2026-08-14$320.008/14/2026, 11:37:33 PM
2026-08-21NextUpdated$240.008/17/2026, 11:41:31 PM
2026-08-28$310.008/17/2026, 11:41:31 PM
2026-09-04$315.008/17/2026, 11:41:31 PM
2026-09-11$330.008/17/2026, 11:41:31 PM
2026-09-18$240.008/17/2026, 11:41:31 PM
2026-09-25$285.008/17/2026, 11:41:31 PM
2026-10-02$305.008/17/2026, 11:41:31 PM
2026-10-16$220.008/17/2026, 11:41:31 PM
2026-11-20$200.008/17/2026, 11:41:31 PM
2026-12-18$200.008/17/2026, 11:41:31 PM
2027-01-15$200.008/17/2026, 11:41:31 PM
2027-02-19$280.008/17/2026, 11:41:31 PM
2027-03-19$200.008/17/2026, 11:41:31 PM
2027-06-17$195.008/17/2026, 11:41:31 PM
Selected expiration: 2026-08-21 at max pain $240.00.
SNOW pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
650469110500469110500
703000453718000453721000
756000438393000438399000
809500423144000423153500
8514000407934500407948500
9019000392725000392744000
9524000377815500377839500
10034000363091000363125000
10551000348724500348775500
11068000334596000334664000
115108500320621000320729500
120171000306918500307089500
125264000293343000293607000
130357000280280500280637500
135510000267368000267878000
140754000255046000255800000
1451955500243251500245207000
1504121500231840000235961500
1556463000220771000227234000
1608920000209843000218763000
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.