Westinghouse Air Brake TechnoloClose $294.72EOD only
Max Pain
$290.00
Next expiry Aug 21, 2026
Expected Move
±$7.30
2.5% from close
Price Gap
-4.72
Distance to max pain
IV Rank
12
Low premium
P/C OI
0.70
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects WAB 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 — WAB
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $290.00 (4.72 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$290.00
Nearest expiry
Expected Move
±$7.30
±2.5%
Days to Expiry
3
Calendar days
Total Call OI
549
Nearest expiry
Total Put OI
362
Nearest expiry
P/C OI Ratio
0.66
Put-heavy
Spot Price
$294.72
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
$260.00
6/18/2026, 11:33:31 PM
2026-07-17
$230.00
7/17/2026, 11:41:05 PM
2026-08-21NextUpdated
$290.00
8/18/2026, 11:40:38 PM
2026-09-18
$300.00
8/18/2026, 11:40:38 PM
2026-10-16
$270.00
8/18/2026, 11:40:38 PM
2027-01-15
$240.00
8/18/2026, 11:40:38 PM
2027-05-21
$240.00
8/18/2026, 11:40:38 PM
Selected expiration: 2026-08-21 at max pain $290.00.
WAB pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
190
0
3009000
3009000
200
0
2648000
2648000
220
0
1928000
1928000
230
0
1569000
1569000
240
0
1253000
1253000
250
0
955000
955000
260
16000
668000
684000
270
52000
412000
464000
280
89000
186000
275000
290
153000
88000
241000
300
251000
6000
257000
310
447000
1000
448000
320
670000
0
670000
330
1072000
0
1072000
340
1516000
0
1516000
350
1972000
0
1972000
360
2430000
0
2430000
390
3807000
0
3807000
400
4269000
0
4269000
410
4733000
0
4733000
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.