Teva Pharmaceutical Industries Close $36.58EOD only
Max Pain
$33.00
Next expiry Aug 21, 2026
Expected Move
±$0.91
2.5% from close
Price Gap
-3.58
Distance to max pain
IV Rank
12
Low premium
P/C OI
0.36
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects TEVA 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 — TEVA
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $33.00 (3.58 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$33.00
Nearest expiry
Expected Move
±$0.91
±2.5%
Days to Expiry
3
Calendar days
Total Call OI
33,943
Nearest expiry
Total Put OI
7,646
Nearest expiry
P/C OI Ratio
0.23
Put-heavy
Spot Price
$36.58
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
$31.50
8/7/2026, 11:34:08 PM
2026-08-14
$34.50
8/14/2026, 11:34:15 PM
2026-08-21NextUpdated
$33.00
8/18/2026, 11:36:19 PM
2026-08-28
$35.00
8/18/2026, 11:36:19 PM
2026-09-04
$35.00
8/18/2026, 11:36:19 PM
2026-09-11
$36.00
8/18/2026, 11:36:19 PM
2026-09-18
$29.00
8/18/2026, 11:36:19 PM
2026-09-25
$39.00
8/18/2026, 11:36:19 PM
2026-10-02
$32.00
8/18/2026, 11:36:19 PM
2026-12-18
$32.00
8/18/2026, 11:36:19 PM
2027-01-15
$22.00
8/18/2026, 11:36:19 PM
2027-03-19
$35.00
8/18/2026, 11:36:19 PM
Selected expiration: 2026-08-21 at max pain $33.00.
TEVA pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
18
0
12438150
12438150
19
800
11673550
11674350
20
1900
10908950
10910850
22
22300
9379750
9402050
24
44300
7850550
7894850
25
55900
7086050
7141950
26
71000
6326050
6397050
27
86600
5566550
5653150
28
103800
4811950
4915750
29
125900
4081350
4207250
29.5
138250
3722100
3860350
30
150600
3363100
3513700
30.5
173650
3018000
3191650
31
196700
2673550
2870250
31.5
222400
2342650
2565050
32
252050
2016050
2268100
32.5
410800
1709150
2119950
33
571300
1404850
1976150
33.5
961150
1146250
2107400
34
1351550
888600
2240150
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.