This page reflects TTC 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 — TTC
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $95.00 (1.37 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$95.00
Nearest expiry
Expected Move
±$2.95
±3.1%
Days to Expiry
3
Calendar days
Total Call OI
236
Nearest expiry
Total Put OI
126
Nearest expiry
P/C OI Ratio
0.53
Put-heavy
Spot Price
$96.37
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, 11:30:45 PM
2026-07-17
$90.00
7/17/2026, 11:38:58 PM
2026-08-21NextUpdated
$95.00
8/18/2026, 11:41:11 PM
2026-09-18
$90.00
8/18/2026, 11:41:11 PM
2026-12-18
$75.00
8/18/2026, 11:41:11 PM
2027-03-19
$75.00
8/18/2026, 11:41:11 PM
Selected expiration: 2026-08-21 at max pain $95.00.
TTC pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
480500
480500
70
0
296000
296000
80
4000
173000
177000
85
6000
116500
122500
90
8000
68500
76500
95
17000
29000
46000
100
57000
0
57000
105
164500
0
164500
110
280500
0
280500
135
868000
0
868000
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.