United Therapeutics CorporationClose $518.27EOD only
Max Pain
$540.00
Next expiry Aug 21, 2026
Expected Move
±$14.90
2.9% from close
Price Gap
+21.73
Distance to max pain
IV Rank
14
Low premium
P/C OI
0.91
Balanced positioning
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects UTHR 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 — UTHR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $540.00 (21.73 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$540.00
Nearest expiry
Expected Move
±$14.90
±2.9%
Days to Expiry
3
Calendar days
Total Call OI
11,116
Nearest expiry
Total Put OI
8,779
Nearest expiry
P/C OI Ratio
0.79
Put-heavy
Spot Price
$518.27
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
$540.00
6/18/2026, 11:35:56 PM
2026-07-17
$550.00
7/17/2026, 11:32:22 PM
2026-08-21NextUpdated
$540.00
8/18/2026, 11:42:00 PM
2026-09-18
$530.00
8/18/2026, 11:42:00 PM
2026-11-20
$520.00
8/18/2026, 11:42:00 PM
2027-01-15
$640.00
8/18/2026, 11:42:00 PM
2027-02-19
$540.00
8/18/2026, 11:42:00 PM
Selected expiration: 2026-08-21 at max pain $540.00.
UTHR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
270
0
194658000
194658000
280
0
185879000
185879000
290
0
177100000
177100000
300
0
168321000
168321000
310
0
159542000
159542000
320
1000
150763000
150764000
330
2000
141984000
141986000
340
3000
133206000
133209000
350
4000
124429000
124433000
360
5000
115654000
115659000
370
206000
107085000
107291000
380
407000
98521000
98928000
390
608000
89968000
90576000
400
809000
81421000
82230000
410
1010000
72953000
73963000
420
1211000
64490000
65701000
430
1413000
56032000
57445000
440
1615000
47576000
49191000
450
1819000
39122000
40941000
460
2023000
30767000
32790000
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.