This page reflects TSN 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 — TSN
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $57.50 (0.49 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$57.50
Nearest expiry
Expected Move
±$1.42
±2.5%
Days to Expiry
3
Calendar days
Total Call OI
10,217
Nearest expiry
Total Put OI
3,194
Nearest expiry
P/C OI Ratio
0.31
Put-heavy
Spot Price
$57.99
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
$60.00
6/18/2026, 11:33:51 PM
2026-07-17
$57.50
7/17/2026, 11:39:35 PM
2026-08-21NextUpdated
$57.50
8/18/2026, 11:41:25 PM
2026-09-18
$57.50
8/18/2026, 11:41:25 PM
2026-10-16
$60.00
8/18/2026, 11:41:25 PM
2026-12-18
$60.00
8/18/2026, 11:41:25 PM
2027-01-15
$52.50
8/18/2026, 11:41:25 PM
2027-03-19
$60.00
8/18/2026, 11:41:25 PM
2027-06-17
$55.00
8/18/2026, 11:41:25 PM
Selected expiration: 2026-08-21 at max pain $57.50.
TSN pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
5625000
5625000
37.5
0
4882250
4882250
42.5
0
3462250
3462250
45
0
2755000
2755000
47.5
14000
2059250
2073250
50
28500
1390250
1418750
52.5
43750
749500
793250
55
61250
219250
280500
57.5
99500
26500
126000
60
172000
1000
173000
62.5
1110000
0
1110000
65
2133750
0
2133750
67.5
3851250
0
3851250
70
6362500
0
6362500
75
11419500
0
11419500
80
16528000
0
16528000
85
21636500
0
21636500
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.