Supernus Pharmaceuticals, Inc.Close $49.03EOD only
Max Pain
$45.00
Next expiry Aug 21, 2026
Expected Move
±$2.95
6.0% from close
Price Gap
-4.03
Distance to max pain
IV Rank
50
Middle-high premium
P/C OI
1.40
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects SUPN 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 — SUPN
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $45.00 (4.03 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$45.00
Nearest expiry
Expected Move
±$2.95
±6.0%
Days to Expiry
3
Calendar days
Total Call OI
85
Nearest expiry
Total Put OI
77
Nearest expiry
P/C OI Ratio
0.91
Put-heavy
Spot Price
$49.03
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
$44.00
6/18/2026, 11:31:05 PM
2026-07-17
$49.00
7/17/2026, 11:31:16 PM
2026-08-21NextUpdated
$45.00
8/18/2026, 11:31:32 PM
2026-09-18
$45.00
8/18/2026, 11:31:32 PM
2026-12-18
$50.00
8/18/2026, 11:31:32 PM
2027-01-15
$40.00
8/18/2026, 11:31:32 PM
2027-03-19
$50.00
8/18/2026, 11:31:32 PM
Selected expiration: 2026-08-21 at max pain $45.00.
SUPN pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
45500
45500
37
400
30100
30500
38
600
24400
25000
39
800
19000
19800
40
1000
13800
14800
41
1200
8900
10100
42
1400
4400
5800
43
1600
2300
3900
44
2000
1500
3500
45
2400
900
3300
46
2900
400
3300
47
3500
200
3700
48
5400
100
5500
49
7600
0
7600
50
10000
0
10000
55
23000
0
23000
60
45000
0
45000
65
77000
0
77000
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.