This page reflects UPS 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 — UPS
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $105.00 (3.07 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$105.00
Nearest expiry
Expected Move
±$1.83
±1.8%
Days to Expiry
3
Calendar days
Total Call OI
41,798
Nearest expiry
Total Put OI
23,090
Nearest expiry
P/C OI Ratio
0.55
Put-heavy
Spot Price
$101.93
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
$105.00
8/7/2026, 11:39:29 PM
2026-08-14
$104.00
8/14/2026, 11:34:45 PM
2026-08-21NextUpdated
$105.00
8/18/2026, 11:37:19 PM
2026-08-28
$105.00
8/18/2026, 11:37:19 PM
2026-09-04
$103.00
8/18/2026, 11:37:19 PM
2026-09-11
$102.00
8/18/2026, 11:37:19 PM
2026-09-18
$105.00
8/18/2026, 11:37:19 PM
2026-09-25
$103.00
8/18/2026, 11:37:19 PM
2026-10-02
$102.00
8/18/2026, 11:37:19 PM
2026-10-16
$105.00
8/18/2026, 11:37:19 PM
2026-11-20
$105.00
8/18/2026, 11:37:19 PM
2026-12-18
$105.00
8/18/2026, 11:37:19 PM
2027-01-15
$100.00
8/18/2026, 11:37:19 PM
2027-03-19
$105.00
8/18/2026, 11:37:19 PM
2027-06-17
$105.00
8/18/2026, 11:37:19 PM
Selected expiration: 2026-08-21 at max pain $105.00.
UPS pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
102218100
102218100
60
500
90674100
90674600
65
4000
79130100
79134100
70
10000
67586100
67596100
75
19500
56057600
56077100
80
33500
44633100
44666600
85
52500
33283600
33336100
90
75000
22476600
22551600
91
80600
20619700
20700300
92
87400
18763400
18850800
93
94200
16907400
17001600
94
101000
15051500
15152500
95
107800
13196400
13304200
96
115800
11622100
11737900
97
123800
10048500
10172300
98
131800
8477200
8609000
99
140500
6932000
7072500
100
149900
5422800
5572700
101
162900
4223700
4386600
102
177200
3300000
3477200
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.