This page reflects TGT options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 17, 2026 close
Max Pain — TGT
Data as of market close Aug 17, 2026
Nearest listed expiration 2026-08-21 shows max pain at $143.00 (8.01 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$143.00
Nearest expiry
Expected Move
±$10.62
±7.0%
Days to Expiry
4
Calendar days
Total Call OI
23,887
Nearest expiry
Total Put OI
24,893
Nearest expiry
P/C OI Ratio
1.04
Put-heavy
Spot Price
$151.01
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
$140.00
8/7/2026, 11:35:00 PM
2026-08-14
$150.00
8/14/2026, 11:40:12 PM
2026-08-21NextUpdated
$143.00
8/17/2026, 11:39:22 PM
2026-08-28
$152.50
8/17/2026, 11:39:22 PM
2026-09-04
$145.00
8/17/2026, 11:39:22 PM
2026-09-11
$149.00
8/17/2026, 11:39:22 PM
2026-09-18
$140.00
8/17/2026, 11:39:22 PM
2026-09-25
$149.00
8/17/2026, 11:39:22 PM
2026-10-02
$155.00
8/17/2026, 11:39:22 PM
2026-10-16
$130.00
8/17/2026, 11:39:22 PM
2026-11-20
$135.00
8/17/2026, 11:39:22 PM
2026-12-18
$110.00
8/17/2026, 11:39:22 PM
2027-01-15
$95.00
8/17/2026, 11:39:22 PM
2027-03-19
$130.00
8/17/2026, 11:39:22 PM
2027-06-17
$125.00
8/17/2026, 11:39:22 PM
Selected expiration: 2026-08-21 at max pain $143.00.
TGT pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
163146200
163146200
70
4000
150699700
150703700
75
11000
138267200
138278200
80
21500
125850700
125872200
85
47500
113454700
113502200
90
88000
101154700
101242700
95
131000
89023700
89154700
100
174000
76948700
77122700
105
219500
65435200
65654700
110
265000
54114700
54379700
115
311500
43944700
44256200
120
361000
34332200
34693200
123
392500
28926800
29319300
124
403200
27126100
27529300
125
413900
25331400
25745300
126
426000
23753400
24179400
127
438700
22184300
22623000
128
451500
20617800
21069300
129
464600
19057500
19522100
130
477800
17508500
17986300
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.