Nearest listed expiration 2026-08-19 shows max pain at $335.00 (1.87 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$335.00
Nearest expiry
Expected Move
±$6.22
±1.9%
Days to Expiry
1
Calendar days
Total Call OI
62,401
Nearest expiry
Total Put OI
36,912
Nearest expiry
P/C OI Ratio
0.59
Put-heavy
Spot Price
$336.87
Published close
Consensus
5.5/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-19
Expiration
Max Pain Strike
Last Updated
2026-08-14
$327.50
8/14/2026, 11:44:06 PM
2026-08-17
$332.50
8/17/2026, 11:40:52 PM
2026-08-19NextUpdated
$335.00
8/18/2026, 11:42:17 PM
2026-08-21
$340.00
8/18/2026, 11:42:17 PM
2026-08-24
$337.50
8/18/2026, 11:42:17 PM
2026-08-26
$332.50
8/18/2026, 11:42:17 PM
2026-08-28
$330.00
8/18/2026, 11:42:17 PM
2026-09-04
$325.00
8/18/2026, 11:42:17 PM
2026-09-11
$335.00
8/18/2026, 11:42:17 PM
2026-09-18
$370.00
8/18/2026, 11:42:17 PM
2026-09-25
$335.00
8/18/2026, 11:42:17 PM
2026-10-02
$340.00
8/18/2026, 11:42:17 PM
2026-10-16
$370.00
8/18/2026, 11:42:17 PM
2026-11-20
$360.00
8/18/2026, 11:42:17 PM
2026-12-18
$340.00
8/18/2026, 11:42:17 PM
2027-01-15
$320.00
8/18/2026, 11:42:17 PM
2027-02-19
$335.00
8/18/2026, 11:42:17 PM
2027-03-19
$355.00
8/18/2026, 11:42:17 PM
2027-06-17
$330.00
8/18/2026, 11:42:17 PM
Selected expiration: 2026-08-19 at max pain $335.00.
TSLA pain by strike for 2026-08-19 expiration
Strike
Call Pain
Put Pain
Total Pain
160
0
554668500
554668500
165
1500
536229500
536231000
200
12000
407272000
407284000
215
27000
352004500
352031500
220
32000
333683000
333715000
225
37500
315467000
315504500
230
43000
297856500
297899500
235
48500
281165500
281214000
240
54000
264482000
264536000
245
59500
247833000
247892500
250
65000
231196500
231261500
255
72000
214571000
214643000
260
79000
197959000
198038000
265
91000
181375000
181466000
270
103000
164852500
164955500
272.5
109000
156621250
156730250
275
115000
148395000
148510000
277.5
121000
140197500
140318500
280
129250
132003000
132132250
282.5
144250
123972750
124117000
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.