This page reflects TXRH 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 — TXRH
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $185.00 (18.39 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$185.00
Nearest expiry
Expected Move
±$2.77
±1.4%
Days to Expiry
3
Calendar days
Total Call OI
443
Nearest expiry
Total Put OI
528
Nearest expiry
P/C OI Ratio
1.19
Put-heavy
Spot Price
$203.39
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
2026-08-07
$200.00
8/7/2026, 11:38:57 PM
2026-08-14
$205.00
8/14/2026, 11:42:29 PM
2026-08-21NextUpdated
$185.00
8/18/2026, 11:42:30 PM
2026-08-28
$210.00
8/18/2026, 11:42:30 PM
2026-09-04
$195.00
8/18/2026, 11:42:30 PM
2026-09-11
$215.00
8/18/2026, 11:42:30 PM
2026-09-18
$185.00
8/18/2026, 11:42:30 PM
2026-09-25
$195.00
8/18/2026, 11:42:30 PM
2026-10-16
$210.00
8/18/2026, 11:42:30 PM
2026-11-20
$210.00
8/18/2026, 11:42:30 PM
2026-12-18
$155.00
8/18/2026, 11:42:30 PM
2027-03-19
$185.00
8/18/2026, 11:42:30 PM
Selected expiration: 2026-08-21 at max pain $185.00.
TXRH pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
90
0
4056500
4056500
100
0
3529500
3529500
105
0
3266000
3266000
125
0
2212000
2212000
130
0
1948500
1948500
135
500
1685000
1685500
140
1000
1424000
1425000
145
1500
1163500
1165000
150
2000
947000
949000
155
2500
731000
733500
160
3000
523000
526000
165
3500
393000
396500
170
4000
283500
287500
175
9000
193000
202000
177.5
13250
160250
173500
180
18000
127500
145500
185
31000
67000
98000
190
56500
46000
102500
192.5
89000
36500
125500
195
122250
27750
150000
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.