This page reflects VFC options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 17, 2026 close
Max Pain — VFC
Data as of market close Aug 17, 2026
Nearest listed expiration 2026-08-21 shows max pain at $16.00 (1.52 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
±$0.73
±5.1%
Days to Expiry
4
Calendar days
Total Call OI
23,632
Nearest expiry
Total Put OI
13,292
Nearest expiry
P/C OI Ratio
0.56
Put-heavy
Spot Price
$14.48
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
8/17/2026, 11:46:27 PM
2026-08-28
$15.00
8/17/2026, 11:46:27 PM
2026-09-04
$16.00
8/17/2026, 11:46:27 PM
2026-09-11
$14.00
8/17/2026, 11:46:27 PM
2026-09-18
$20.00
8/17/2026, 11:46:27 PM
2026-09-25
$15.00
8/17/2026, 11:46:27 PM
2026-10-02
$15.00
8/17/2026, 11:46:27 PM
2026-11-20
$16.00
8/17/2026, 11:46:27 PM
2027-01-15
$15.00
8/17/2026, 11:46:27 PM
2027-02-19
$14.00
8/17/2026, 11:46:27 PM
2027-03-19
$18.00
8/17/2026, 11:46:27 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
7588150
7588150
10
100
6258950
6259050
11
1200
4931650
4932850
12
3300
3655550
3658850
12.5
4500
3074250
3078750
13
5700
2510150
2515850
13.5
7950
1974800
1982750
14
10250
1446950
1457200
14.5
50850
1156400
1207250
15
93250
893150
986400
15.5
167550
672900
840450
16
267350
454950
722300
16.5
448700
302750
751450
17
632350
151600
783950
17.5
941750
97250
1039000
18
1256050
42900
1298950
18.5
1668100
33150
1701250
19
2080600
23400
2104000
19.5
2586850
16150
2603000
20
3093650
8900
3102550
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.