This page reflects WDFC 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 — WDFC
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $210.00 (20.01 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$210.00
Nearest expiry
Expected Move
±$4.70
±2.0%
Days to Expiry
3
Calendar days
Total Call OI
428
Nearest expiry
Total Put OI
313
Nearest expiry
P/C OI Ratio
0.73
Put-heavy
Spot Price
$230.01
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
$210.00
6/18/2026, 11:39:42 PM
2026-07-17
$270.00
7/17/2026, 11:40:04 PM
2026-08-21NextUpdated
$210.00
8/18/2026, 11:38:24 PM
2026-09-18
$230.00
8/18/2026, 11:38:24 PM
2026-11-20
$230.00
8/18/2026, 11:38:24 PM
2027-02-19
$230.00
8/18/2026, 11:38:24 PM
Selected expiration: 2026-08-21 at max pain $210.00.
WDFC pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
115
0
2750000
2750000
120
0
2594500
2594500
125
0
2440500
2440500
130
0
2294000
2294000
140
0
2005000
2005000
150
2000
1719000
1721000
155
3500
1576000
1579500
160
5000
1439500
1444500
165
6500
1303000
1309500
170
8500
1166500
1175000
175
11000
1031000
1042000
180
13500
895500
909000
185
17500
762500
780000
190
22000
632000
654000
195
57000
516000
573000
200
108000
406000
514000
210
220000
289000
509000
220
366000
179000
545000
230
527000
100000
627000
240
717000
53000
770000
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.