This page reflects SWKS 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 — SWKS
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $67.50 (0.07 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$67.50
Nearest expiry
Expected Move
±$2.60
±3.9%
Days to Expiry
3
Calendar days
Total Call OI
47,107
Nearest expiry
Total Put OI
14,019
Nearest expiry
P/C OI Ratio
0.30
Put-heavy
Spot Price
$67.43
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
2026-06-18
$70.00
6/18/2026, 11:39:12 PM
2026-07-17
$62.50
7/17/2026, 11:32:27 PM
2026-08-21NextUpdated
$67.50
8/18/2026, 11:39:35 PM
2026-09-18
$62.50
8/18/2026, 11:39:35 PM
2026-11-20
$65.00
8/18/2026, 11:39:35 PM
2026-12-18
$67.50
8/18/2026, 11:39:35 PM
2027-01-15
$72.50
8/18/2026, 11:39:35 PM
2027-02-19
$60.00
8/18/2026, 11:39:35 PM
2027-03-19
$57.50
8/18/2026, 11:39:35 PM
2027-06-17
$60.00
8/18/2026, 11:39:35 PM
Selected expiration: 2026-08-21 at max pain $67.50.
SWKS pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
27.5
0
44320250
44320250
30
0
40815500
40815500
32.5
0
37310750
37310750
35
0
33806500
33806500
37.5
0
30302750
30302750
40
0
26802000
26802000
42.5
1250
23321500
23322750
45
2500
19870250
19872750
47.5
3750
16519750
16523500
50
5000
13303250
13308250
52.5
14000
10401000
10415000
55
25500
8481250
8506750
57.5
73750
6721750
6795500
60
161000
5027250
5188250
62.5
375250
3601750
3977000
65
680250
2647750
3328000
67.5
1179750
1823000
3002750
70
1813250
1218750
3032000
72.5
2693500
715000
3408500
75
3720500
349750
4070250
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.