This page reflects VFC 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 — VFC
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $16.00 (1.69 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$16.00
Nearest expiry
Expected Move
±$0.56
±3.9%
Days to Expiry
3
Calendar days
Total Call OI
23,579
Nearest expiry
Total Put OI
13,323
Nearest expiry
P/C OI Ratio
0.57
Put-heavy
Spot Price
$14.31
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
$14.50
8/7/2026, 11:39:52 PM
2026-08-14
$14.50
8/14/2026, 11:39:11 PM
2026-08-21NextUpdated
$16.00
8/18/2026, 11:44:06 PM
2026-08-28
$15.00
8/18/2026, 11:44:06 PM
2026-09-04
$16.00
8/18/2026, 11:44:06 PM
2026-09-11
$14.00
8/18/2026, 11:44:06 PM
2026-09-18
$20.00
8/18/2026, 11:44:06 PM
2026-09-25
$15.00
8/18/2026, 11:44:06 PM
2026-10-02
$15.00
8/18/2026, 11:44:06 PM
2026-11-20
$16.00
8/18/2026, 11:44:06 PM
2027-01-15
$15.00
8/18/2026, 11:44:06 PM
2027-02-19
$14.00
8/18/2026, 11:44:06 PM
2027-03-19
$18.00
8/18/2026, 11:44:06 PM
Selected expiration: 2026-08-21 at max pain $16.00.
VFC pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
9
0
7513350
7513350
10
200
6181050
6181250
11
1900
4850650
4852550
12
4800
3571450
3576250
12.5
6400
2988600
2995000
13
8000
2422950
2430950
13.5
10650
1886050
1896700
14
13350
1356650
1370000
14.5
54350
1065950
1120300
15
99300
810600
909900
15.5
181050
598450
779500
16
283700
388550
672250
16.5
462600
244400
707000
17
643900
100500
744400
17.5
950950
53300
1004250
18
1262900
6100
1269000
18.5
1672600
3500
1676100
19
2082750
900
2083650
19.5
2586650
800
2587450
20
3091100
700
3091800
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.