Universal Technical Institute IClose $25.03EOD only
Max Pain
$32.50
Next expiry Aug 21, 2026
Expected Move
±$1.08
4.3% from close
Price Gap
+7.47
Distance to max pain
IV Rank
77
High premium
P/C OI
0.25
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects UTI 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 — UTI
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $32.50 (7.47 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$32.50
Nearest expiry
Expected Move
±$1.08
±4.3%
Days to Expiry
3
Calendar days
Total Call OI
5,100
Nearest expiry
Total Put OI
1,347
Nearest expiry
P/C OI Ratio
0.26
Put-heavy
Spot Price
$25.03
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
$40.00
6/18/2026, 11:35:45 PM
2026-07-17
$37.50
7/17/2026, 11:41:14 PM
2026-08-21NextUpdated
$32.50
8/18/2026, 11:43:57 PM
2026-09-18
$32.50
8/18/2026, 11:43:57 PM
2026-10-16
$35.00
8/18/2026, 11:43:57 PM
2026-11-20
$27.50
8/18/2026, 11:43:57 PM
2026-12-18
$37.50
8/18/2026, 11:43:57 PM
2027-01-15
$22.50
8/18/2026, 11:43:57 PM
Selected expiration: 2026-08-21 at max pain $32.50.
UTI pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
1188750
1188750
22.5
0
936750
936750
25
0
686000
686000
27.5
4250
464250
468500
30
22250
275000
297250
32.5
97000
99750
196750
35
176750
48000
224750
37.5
271500
8750
280250
40
395250
1750
397000
42.5
1034250
1000
1035250
45
2200750
500
2201250
47.5
3387500
250
3387750
50
4583000
0
4583000
52.5
5786500
0
5786500
55
7016500
0
7016500
57.5
8250250
0
8250250
60
9492750
0
9492750
65
11980250
0
11980250
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.