This page reflects TECH 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 — TECH
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $65.00 (7.22 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$65.00
Nearest expiry
Expected Move
±$1.47
±2.0%
Days to Expiry
3
Calendar days
Total Call OI
2,040
Nearest expiry
Total Put OI
628
Nearest expiry
P/C OI Ratio
0.31
Put-heavy
Spot Price
$72.22
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
$50.00
6/18/2026, 11:31:00 PM
2026-07-17
$65.00
7/17/2026, 11:31:36 PM
2026-08-21NextUpdated
$65.00
8/18/2026, 11:40:06 PM
2026-09-18
$65.00
8/18/2026, 11:40:06 PM
2026-10-16
$55.00
8/18/2026, 11:40:06 PM
2027-01-15
$70.00
8/18/2026, 11:40:06 PM
2027-03-19
$70.00
8/18/2026, 11:40:06 PM
2027-06-17
$65.00
8/18/2026, 11:40:06 PM
Selected expiration: 2026-08-21 at max pain $65.00.
TECH pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
1672500
1672500
35
34500
1409500
1444000
40
96500
1196500
1293000
45
200500
983500
1184000
50
305000
770500
1075500
55
410000
557500
967500
60
515000
345000
860000
65
620500
152000
772500
70
787000
0
787000
75
1040500
0
1040500
80
2048000
0
2048000
85
3055500
0
3055500
95
5070500
0
5070500
100
6078500
0
6078500
105
7087000
0
7087000
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.