This page reflects TBBK 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 — TBBK
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $60.00 (8.32 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$3.42
±5.0%
Days to Expiry
3
Calendar days
Total Call OI
1,864
Nearest expiry
Total Put OI
160
Nearest expiry
P/C OI Ratio
0.09
Put-heavy
Spot Price
$68.32
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
$55.00
6/18/2026, 11:31:20 PM
2026-07-17
$55.00
7/17/2026, 11:38:52 PM
2026-08-21NextUpdated
$60.00
8/18/2026, 11:36:39 PM
2026-09-18
$60.00
8/18/2026, 11:36:39 PM
2026-11-20
$55.00
8/18/2026, 11:36:39 PM
2027-02-19
$35.00
8/18/2026, 11:36:39 PM
Selected expiration: 2026-08-21 at max pain $60.00.
TBBK pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
260000
260000
35
0
202000
202000
40
0
152000
152000
45
1000
109000
110000
50
3000
66000
69000
55
5000
23000
28000
60
17000
1000
18000
65
66500
500
67000
70
281000
0
281000
75
513500
0
513500
80
749000
0
749000
85
1208000
0
1208000
90
2140000
0
2140000
100
4004000
0
4004000
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.