This page reflects USFD options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 19, 2026 close
Max Pain — USFD
Data as of market close Aug 19, 2026
Nearest listed expiration 2026-08-21 shows max pain at $105.00 (2.52 below 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
±$2.65
±2.5%
Days to Expiry
2
Calendar days
Total Call OI
7,962
Nearest expiry
Total Put OI
3,264
Nearest expiry
P/C OI Ratio
0.41
Put-heavy
Spot Price
$107.52
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
$90.00
6/18/2026, 11:35:39 PM
2026-07-17
$100.00
7/17/2026, 11:39:55 PM
2026-08-21NextUpdated
$105.00
8/19/2026, 11:42:39 PM
2026-09-18
$100.00
8/19/2026, 11:42:39 PM
2026-10-16
$100.00
8/19/2026, 11:42:39 PM
2027-01-15
$70.00
8/19/2026, 11:42:39 PM
Selected expiration: 2026-08-21 at max pain $105.00.
USFD pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
12971250
12971250
60
1000
11339250
11340250
65
3000
9707250
9710250
72.5
6000
7260000
7266000
75
7000
6444500
6451500
77.5
8000
5637750
5645750
80
9000
4831250
4840250
82.5
10000
4096500
4106500
85
11000
3362500
3373500
87.5
12250
2629000
2641250
90
16250
1900500
1916750
92.5
20750
1257000
1277750
95
25750
728250
754000
97.5
36000
329500
365500
100
48250
70000
118250
105
109250
6000
115250
110
310250
500
310750
115
524750
0
524750
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.