This page reflects SSTK 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 — SSTK
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $7.50 (2.13 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.50
Nearest expiry
Expected Move
±$1.07
±20.0%
Days to Expiry
3
Calendar days
Total Call OI
6,832
Nearest expiry
Total Put OI
991
Nearest expiry
P/C OI Ratio
0.15
Put-heavy
Spot Price
$5.37
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
$12.50
6/18/2026, 11:29:20 PM
2026-07-17
$10.00
7/17/2026, 11:34:55 PM
2026-08-21NextUpdated
$7.50
8/18/2026, 11:41:28 PM
2026-09-18
$5.00
8/18/2026, 11:41:28 PM
2026-11-20
$7.50
8/18/2026, 11:41:28 PM
2027-02-19
$5.00
8/18/2026, 11:41:28 PM
Selected expiration: 2026-08-21 at max pain $7.50.
SSTK pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
442500
442500
5
250
198250
198500
7.5
6750
36000
42750
10
112250
7250
119500
12.5
1095750
750
1096500
15
2717500
500
2718000
17.5
4352750
250
4353000
20
6009750
0
6009750
22.5
7690500
0
7690500
25
9373250
0
9373250
27.5
11056250
0
11056250
30
12740250
0
12740250
32.5
14424750
0
14424750
35
16111500
0
16111500
37.5
17803000
0
17803000
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.