This page reflects SRPT 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 — SRPT
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $17.50 (0.52 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$17.50
Nearest expiry
Expected Move
±$0.78
±4.3%
Days to Expiry
3
Calendar days
Total Call OI
11,765
Nearest expiry
Total Put OI
3,968
Nearest expiry
P/C OI Ratio
0.34
Put-heavy
Spot Price
$18.02
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
$15.00
8/7/2026, 11:33:44 PM
2026-08-14
$16.00
8/14/2026, 11:36:28 PM
2026-08-21NextUpdated
$17.50
8/18/2026, 11:36:20 PM
2026-08-28
$17.50
8/18/2026, 11:36:20 PM
2026-09-04
$15.00
8/18/2026, 11:36:20 PM
2026-09-11
$16.00
8/18/2026, 11:36:20 PM
2026-09-18
$17.50
8/18/2026, 11:36:20 PM
2026-09-25
$16.00
8/18/2026, 11:36:20 PM
2026-10-02
$16.00
8/18/2026, 11:36:20 PM
2026-11-20
$17.50
8/18/2026, 11:36:20 PM
2027-01-15
$20.00
8/18/2026, 11:36:20 PM
2027-02-19
$22.50
8/18/2026, 11:36:20 PM
2027-06-17
$17.50
8/18/2026, 11:36:20 PM
Selected expiration: 2026-08-21 at max pain $17.50.
SRPT pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
5036500
5036500
7.5
3250
4045000
4048250
10
12750
3053750
3066500
11
21950
2660450
2682400
11.5
26550
2463850
2490400
12.5
35750
2071150
2106900
13
43700
1877800
1921500
13.5
51650
1691150
1742800
14
59600
1504550
1564150
14.5
68050
1320100
1388150
15
76500
1140800
1217300
15.5
93250
1007700
1100950
16
110450
875150
985600
16.5
134600
743650
878250
17
167700
620200
787900
17.5
209500
501400
710900
18
351950
438350
790300
18.5
534100
375400
909500
19
735600
312700
1048300
19.5
968850
250000
1218850
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.