This page reflects SYY 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 — SYY
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $80.00 (1.96 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$1.77
±2.2%
Days to Expiry
3
Calendar days
Total Call OI
14,735
Nearest expiry
Total Put OI
4,198
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$81.96
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
$75.00
6/18/2026, 11:30:16 PM
2026-07-17
$80.00
7/17/2026, 11:36:52 PM
2026-08-21NextUpdated
$80.00
8/18/2026, 11:39:36 PM
2026-09-18
$80.00
8/18/2026, 11:39:36 PM
2026-11-20
$77.50
8/18/2026, 11:39:36 PM
2026-12-18
$80.00
8/18/2026, 11:39:36 PM
2027-01-15
$80.00
8/18/2026, 11:39:36 PM
2027-02-19
$82.50
8/18/2026, 11:39:36 PM
2027-03-19
$75.00
8/18/2026, 11:39:36 PM
2027-06-17
$72.50
8/18/2026, 11:39:36 PM
Selected expiration: 2026-08-21 at max pain $80.00.
SYY pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
12261250
12261250
47.5
0
11212250
11212250
50
0
10165000
10165000
55
1500
8081000
8082500
60
3000
6014500
6017500
65
7000
4020000
4027000
67.5
9500
3070000
3079500
70
12000
2158000
2170000
72.5
37750
1377250
1415000
75
86500
705750
792250
77.5
195750
355000
550750
80
453750
82000
535750
82.5
1260750
18500
1279250
85
2519250
250
2519500
87.5
5379500
0
5379500
90
8559000
0
8559000
92.5
11898250
0
11898250
95
15282750
0
15282750
97.5
18886500
0
18886500
100
22506500
0
22506500
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.