What is VZ max pain this week?

VZ max pain for the nearest expiration (2026-08-21) is $45.00. Total call open interest: 90,805. Total put open interest: 75,368.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options VZMax Pain

VZ

Verizon Communications Inc.Close $49.36EOD only

Max Pain

$45.00

Next expiry Aug 21, 2026

Expected Move

±$0.77

1.6% from close

Price Gap

-4.36

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.77

Slightly call-heavy

Consensus

4/4

Partial coverage

Published snapshot: Aug 19, 2026 close

End-of-day snapshot

This page reflects VZ options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Aug 19, 2026 close

Max Pain — VZ

Data as of market close Aug 19, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-08-21 shows max pain at $45.00 (4.36 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$45.00

Nearest expiry

Expected Move

±$0.77

±1.6%

Days to Expiry

Calendar days

Total Call OI

90,805

Nearest expiry

Total Put OI

75,368

Nearest expiry

P/C OI Ratio

0.83

Put-heavy

Spot Price

$49.36

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	$46.00	8/7/2026, 11:39:18 PM
2026-08-14	$46.00	8/14/2026, 11:43:45 PM
2026-08-21NextUpdated	$45.00	8/19/2026, 11:41:51 PM
2026-08-28	$46.00	8/19/2026, 11:41:51 PM
2026-09-04	$46.00	8/19/2026, 11:41:51 PM
2026-09-11	$46.00	8/19/2026, 11:41:51 PM
2026-09-18	$45.00	8/19/2026, 11:41:51 PM
2026-09-25	$47.00	8/19/2026, 11:41:51 PM
2026-10-02	$49.00	8/19/2026, 11:41:51 PM
2026-10-16	$46.00	8/19/2026, 11:41:51 PM
2026-12-18	$43.00	8/19/2026, 11:41:51 PM
2027-01-15	$43.00	8/19/2026, 11:41:51 PM
2027-03-19	$45.00	8/19/2026, 11:41:51 PM
2027-06-17	$45.00	8/19/2026, 11:41:51 PM

Selected expiration: 2026-08-21 at max pain $45.00.

VZ pain by strike for 2026-08-21 expiration
Strike	Call Pain	Put Pain	Total Pain
30	0	86401050	86401050
32	4200	72830450	72834650
33	7900	66045150	66053050
34	13000	59259850	59272850
35	19400	52474750	52494150
36	28000	45985350	46013350
37	38300	39498250	39536550
38	49600	33034850	33084450
38.5	56200	30075900	30132100
39	62800	27117550	27180350
39.5	72700	24378200	24450900
40	82800	21639000	21721800
40.5	103650	19108000	19211650
41	124600	16585650	16710250
41.5	166500	14180600	14347100
42	208650	11781500	11990150
42.5	351450	9724950	10076400
43	495000	7729600	8224600
43.5	780600	6443650	7224250
44	1073450	5197100	6270550

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.