This page reflects TECK 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 — TECK
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $55.00 (8.91 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$2.62
±4.1%
Days to Expiry
3
Calendar days
Total Call OI
11,340
Nearest expiry
Total Put OI
7,280
Nearest expiry
P/C OI Ratio
0.64
Put-heavy
Spot Price
$63.91
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
$60.00
8/7/2026, 11:33:42 PM
2026-08-14
$61.00
8/14/2026, 11:36:44 PM
2026-08-21NextUpdated
$55.00
8/18/2026, 11:36:08 PM
2026-08-28
$60.00
8/18/2026, 11:36:08 PM
2026-09-04
$63.00
8/18/2026, 11:36:08 PM
2026-09-11
$67.00
8/18/2026, 11:36:08 PM
2026-09-18
$60.00
8/18/2026, 11:36:08 PM
2026-09-25
$65.00
8/18/2026, 11:36:08 PM
2026-10-16
$55.00
8/18/2026, 11:36:08 PM
2026-11-20
$65.00
8/18/2026, 11:36:08 PM
2026-12-18
$55.00
8/18/2026, 11:36:08 PM
2027-01-15
$40.00
8/18/2026, 11:36:08 PM
2027-02-19
$50.00
8/18/2026, 11:36:08 PM
2027-03-19
$55.00
8/18/2026, 11:36:08 PM
2027-06-17
$45.00
8/18/2026, 11:36:08 PM
Selected expiration: 2026-08-21 at max pain $55.00.
TECK pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
20110300
20110300
30
1000
16470300
16471300
35
3500
12892800
12896300
36
4000
12179200
12183200
37
4500
11465800
11470300
39
5500
10039000
10044500
40
6700
9326500
9333200
41
7900
8614500
8622400
42
9100
7923000
7932100
43
10400
7231900
7242300
44
11700
6544000
6555700
45
14400
5856700
5871100
46
26900
5228000
5254900
47
44700
4600700
4645400
48
68000
3975000
4043000
49
93700
3353000
3446700
50
119400
2749600
2869000
51
186000
2267200
2453200
52
252600
1786600
2039200
53
319200
1331000
1650200
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.