This page reflects TTMI 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 — TTMI
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $120.00 (5.71 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$120.00
Nearest expiry
Expected Move
±$8.95
±7.1%
Days to Expiry
3
Calendar days
Total Call OI
26,231
Nearest expiry
Total Put OI
10,529
Nearest expiry
P/C OI Ratio
0.40
Put-heavy
Spot Price
$125.71
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
$130.00
6/18/2026, 11:39:21 PM
2026-07-17
$145.00
7/17/2026, 11:34:31 PM
2026-08-21NextUpdated
$120.00
8/18/2026, 11:38:26 PM
2026-09-18
$135.00
8/18/2026, 11:38:26 PM
2026-10-16
$95.00
8/18/2026, 11:38:26 PM
2026-12-18
$115.00
8/18/2026, 11:38:26 PM
2027-01-15
$120.00
8/18/2026, 11:38:26 PM
2027-03-19
$125.00
8/18/2026, 11:38:26 PM
Selected expiration: 2026-08-21 at max pain $120.00.
TTMI pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
59757500
59757500
60
0
54503500
54503500
65
1000
49250000
49251000
70
2000
43998000
44000000
75
3500
38747500
38751000
80
8000
33909500
33917500
85
14000
29106000
29120000
90
20500
24579500
24600000
95
36000
20858000
20894000
100
55000
17276500
17331500
105
141500
14110000
14251500
110
242500
11126000
11368500
115
2533000
8406000
10939000
120
4849500
6054500
10904000
125
7261000
4288000
11549000
130
11825000
2920500
14745500
135
16453500
2181000
18634500
140
21429500
1684500
23114000
145
26598500
1322000
27920500
150
32882000
1030000
33912000
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.