This page reflects SONY 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 — SONY
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $20.00 (3.43 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$20.00
Nearest expiry
Expected Move
±$0.32
±1.4%
Days to Expiry
3
Calendar days
Total Call OI
12,047
Nearest expiry
Total Put OI
3,100
Nearest expiry
P/C OI Ratio
0.26
Put-heavy
Spot Price
$23.43
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
$21.00
8/7/2026, 11:33:59 PM
2026-08-14
$20.50
8/14/2026, 11:30:24 PM
2026-08-21NextUpdated
$20.00
8/18/2026, 11:33:44 PM
2026-08-28
$22.00
8/18/2026, 11:33:44 PM
2026-09-04
$22.00
8/18/2026, 11:33:44 PM
2026-09-11
$22.50
8/18/2026, 11:33:44 PM
2026-09-18
$22.50
8/18/2026, 11:33:44 PM
2026-09-25
$22.50
8/18/2026, 11:33:44 PM
2026-10-02
$20.00
8/18/2026, 11:33:44 PM
2026-10-16
$22.50
8/18/2026, 11:33:44 PM
2026-12-18
$22.50
8/18/2026, 11:33:44 PM
2027-01-15
$20.00
8/18/2026, 11:33:44 PM
Selected expiration: 2026-08-21 at max pain $20.00.
SONY pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
13
0
2315950
2315950
14
500
2005950
2006450
15
1500
1695950
1697450
15.5
2200
1540950
1543150
16
2900
1385950
1388850
17.5
5300
920950
926250
18
6400
768250
774650
18.5
7500
615750
623250
19
8600
463800
472400
19.5
9800
312200
322000
20
11050
161300
172350
20.5
150600
123000
273600
21
290250
85400
375650
21.5
432900
53950
486850
22
650750
34250
685000
22.5
878200
16350
894550
23
1407050
6200
1413250
23.5
1950450
2150
1952600
24
2507300
1000
2508300
24.5
3083800
350
3084150
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.