This page reflects SYRE 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 — SYRE
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $100.00 (7.82 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$2.70
±2.5%
Days to Expiry
3
Calendar days
Total Call OI
2,087
Nearest expiry
Total Put OI
2,488
Nearest expiry
P/C OI Ratio
1.19
Put-heavy
Spot Price
$107.82
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, 11:29:49 PM
2026-07-17
$95.00
7/17/2026, 11:38:12 PM
2026-08-21NextUpdated
$100.00
8/18/2026, 11:32:48 PM
2026-09-18
$105.00
8/18/2026, 11:32:48 PM
2026-11-20
$75.00
8/18/2026, 11:32:48 PM
2026-12-18
$70.00
8/18/2026, 11:32:48 PM
2027-01-15
$40.00
8/18/2026, 11:32:48 PM
2027-03-19
$85.00
8/18/2026, 11:32:48 PM
Selected expiration: 2026-08-21 at max pain $100.00.
SYRE pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
8300000
8300000
50
500
7056000
7056500
55
1500
5812000
5813500
60
2500
4568500
4571000
65
3500
3326500
3330000
70
5000
2120000
2125000
75
7000
917000
924000
80
9500
664000
673500
85
12000
414500
426500
90
27500
269500
297000
95
43500
149500
193000
100
75000
45500
120500
105
127500
19000
146500
110
185000
15500
200500
115
255000
12000
267000
120
327500
8500
336000
125
412500
5500
418000
130
501000
3000
504000
135
1542000
1000
1543000
140
2584000
0
2584000
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.