Millicom International CellularClose $87.19EOD only
Max Pain
$90.00
Next expiry Aug 21, 2026
Expected Move
±$3.67
4.2% from close
Price Gap
+2.81
Distance to max pain
IV Rank
14
Low premium
P/C OI
0.14
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects TIGO 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 — TIGO
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $90.00 (2.81 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$90.00
Nearest expiry
Expected Move
±$3.67
±4.2%
Days to Expiry
3
Calendar days
Total Call OI
7,792
Nearest expiry
Total Put OI
478
Nearest expiry
P/C OI Ratio
0.06
Put-heavy
Spot Price
$87.19
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
$85.00
6/18/2026, 11:39:21 PM
2026-07-17
$85.00
7/17/2026, 11:34:02 PM
2026-08-21NextUpdated
$90.00
8/18/2026, 11:42:33 PM
2026-09-18
$40.00
8/18/2026, 11:42:33 PM
2026-10-16
$75.00
8/18/2026, 11:42:33 PM
2026-12-18
$105.00
8/18/2026, 11:42:33 PM
2027-01-15
$80.00
8/18/2026, 11:42:33 PM
Selected expiration: 2026-08-21 at max pain $90.00.
TIGO pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
1885500
1885500
65
0
1183500
1183500
70
0
951500
951500
75
5000
721500
726500
80
10000
504500
514500
85
25000
302000
327000
90
62500
112500
175000
95
697000
53000
750000
100
1574500
13500
1588000
105
5289500
3000
5292500
110
9074500
2000
9076500
115
12928000
1000
12929000
120
16802500
0
16802500
125
20693500
0
20693500
130
24585000
0
24585000
135
28476500
0
28476500
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.