This page reflects URI 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 — URI
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $1120.00 (3.62 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$1120.00
Nearest expiry
Expected Move
±$26.90
±2.4%
Days to Expiry
3
Calendar days
Total Call OI
1,220
Nearest expiry
Total Put OI
1,692
Nearest expiry
P/C OI Ratio
1.39
Put-heavy
Spot Price
$1116.38
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
$1085.00
8/7/2026, 11:40:49 PM
2026-08-14
$1140.00
8/14/2026, 11:35:46 PM
2026-08-21NextUpdated
$1120.00
8/18/2026, 11:43:24 PM
2026-08-28
$1100.00
8/18/2026, 11:43:24 PM
2026-09-04
$1100.00
8/18/2026, 11:43:24 PM
2026-09-11
$1110.00
8/18/2026, 11:43:24 PM
2026-09-18
$1050.00
8/18/2026, 11:43:24 PM
2026-09-25
$1140.00
8/18/2026, 11:43:24 PM
2026-10-02
$880.00
8/18/2026, 11:43:24 PM
2026-12-18
$970.00
8/18/2026, 11:43:24 PM
2027-01-15
$820.00
8/18/2026, 11:43:24 PM
2027-03-19
$940.00
8/18/2026, 11:43:24 PM
2027-06-17
$1060.00
8/18/2026, 11:43:24 PM
Selected expiration: 2026-08-21 at max pain $1120.00.
URI pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
790
0
39364000
39364000
800
0
37677000
37677000
810
0
35995000
35995000
820
0
34316000
34316000
830
0
32642000
32642000
840
0
30970000
30970000
850
0
29326000
29326000
860
0
27697000
27697000
870
0
26099000
26099000
880
0
24506000
24506000
890
0
22923000
22923000
900
0
21351000
21351000
910
0
19813000
19813000
920
0
18277000
18277000
930
0
16756000
16756000
940
0
15238000
15238000
950
0
13743000
13743000
960
1000
12353000
12354000
970
12000
11021000
11033000
980
23000
9763000
9786000
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.