This page reflects VOYG 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 — VOYG
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $31.00 (11.24 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$31.00
Nearest expiry
Expected Move
±$2.53
±6.0%
Days to Expiry
3
Calendar days
Total Call OI
7,724
Nearest expiry
Total Put OI
2,684
Nearest expiry
P/C OI Ratio
0.35
Put-heavy
Spot Price
$42.24
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
$38.00
6/18/2026, 11:37:59 PM
2026-07-17
$30.00
7/17/2026, 11:40:08 PM
2026-08-21NextUpdated
$31.00
8/18/2026, 11:42:27 PM
2026-09-18
$32.00
8/18/2026, 11:42:27 PM
2026-10-16
$30.00
8/18/2026, 11:42:27 PM
2026-11-20
$33.00
8/18/2026, 11:42:27 PM
2027-01-15
$25.00
8/18/2026, 11:42:27 PM
Selected expiration: 2026-08-21 at max pain $31.00.
VOYG pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
15
0
3849000
3849000
16
700
3582500
3583200
17
1500
3316500
3318000
18
2600
3051100
3053700
19
3700
2787800
2791500
20
5500
2529500
2535000
21
9300
2283400
2292700
22
14100
2044000
2058100
23
18900
1812600
1831500
24
24600
1591000
1615600
25
31100
1374800
1405900
26
40700
1206500
1247200
27
54200
1061100
1115300
28
104700
920800
1025500
29
167900
790000
957900
30
238700
659900
898600
31
336400
553700
890100
32
446900
448900
895800
33
578800
356100
934900
34
721600
265100
986700
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.