This page reflects VIK 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 — VIK
Data as of market close Aug 17, 2026
Nearest listed expiration 2026-08-21 shows max pain at $100.00 (0.14 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$7.65
±7.7%
Days to Expiry
4
Calendar days
Total Call OI
5,901
Nearest expiry
Total Put OI
12,274
Nearest expiry
P/C OI Ratio
2.08
Put-heavy
Spot Price
$99.86
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
$80.00
6/18/2026, 11:37:36 PM
2026-07-17
$100.00
7/17/2026, 11:39:42 PM
2026-08-21NextUpdated
$100.00
8/17/2026, 11:42:08 PM
2026-09-18
$110.00
8/17/2026, 11:42:08 PM
2026-11-20
$95.00
8/17/2026, 11:42:08 PM
2027-01-15
$80.00
8/17/2026, 11:42:08 PM
2027-02-19
$85.00
8/17/2026, 11:42:08 PM
Selected expiration: 2026-08-21 at max pain $100.00.
VIK pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
61037500
61037500
40
0
54901000
54901000
45
0
48773000
48773000
50
0
42650500
42650500
55
0
36535500
36535500
60
17000
30612500
30629500
65
41000
24824000
24865000
70
79000
19854500
19933500
75
188500
15143500
15332000
80
399500
10515000
10914500
85
735000
6722500
7457500
90
1167000
3252000
4419000
95
1656000
1625000
3281000
100
2234000
336500
2570500
105
3589500
19000
3608500
110
5323500
4000
5327500
115
7857500
2000
7859500
120
10763500
0
10763500
125
13700500
0
13700500
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.