This page reflects TEAM 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 — TEAM
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $105.00 (58.00 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$105.00
Nearest expiry
Expected Move
±$7.85
±4.8%
Days to Expiry
3
Calendar days
Total Call OI
23,639
Nearest expiry
Total Put OI
14,732
Nearest expiry
P/C OI Ratio
0.62
Put-heavy
Spot Price
$163.00
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
2026-08-07
$105.00
8/7/2026, 11:35:16 PM
2026-08-14
$130.00
8/14/2026, 11:40:45 PM
2026-08-21NextUpdated
$105.00
8/18/2026, 11:29:54 PM
2026-08-28
$145.00
8/18/2026, 11:29:54 PM
2026-09-04
$139.00
8/18/2026, 11:29:54 PM
2026-09-11
$152.50
8/18/2026, 11:29:54 PM
2026-09-18
$130.00
8/18/2026, 11:29:54 PM
2026-09-25
$142.00
8/18/2026, 11:29:54 PM
2026-10-02
$162.50
8/18/2026, 11:29:54 PM
2026-10-16
$155.00
8/18/2026, 11:29:54 PM
2026-11-20
$125.00
8/18/2026, 11:29:54 PM
2026-12-18
$90.00
8/18/2026, 11:29:54 PM
2027-01-15
$100.00
8/18/2026, 11:29:54 PM
2027-03-19
$80.00
8/18/2026, 11:29:54 PM
2027-06-17
$80.00
8/18/2026, 11:29:54 PM
Selected expiration: 2026-08-21 at max pain $105.00.
TEAM pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
78933700
78933700
50
0
71593700
71593700
55
0
64274200
64274200
60
0
56977700
56977700
65
56500
51002200
51058700
70
119500
45117700
45237200
73
166900
41782900
41949800
75
198500
39564900
39763400
76
282600
38592300
38874900
77
366700
37621000
37987700
78
450800
36651500
37102300
79
534900
35684200
36219100
80
619000
34722800
35341800
81
709600
33797100
34506700
82
800600
32872200
33672800
83
891900
31959800
32851700
84
983300
31048100
32031400
85
1076400
30137100
31213500
86
1191100
29316600
30507700
87
1308700
28498600
29807300
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.