This page reflects WEAV options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 20, 2026 close
Max Pain — WEAV
Data as of market close Aug 20, 2026
Nearest listed expiration 2026-08-21 shows max pain at $7.00 (0.29 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.00
Nearest expiry
Expected Move
±$0.35
±4.8%
Days to Expiry
1
Calendar days
Total Call OI
1,832
Nearest expiry
Total Put OI
1,414
Nearest expiry
P/C OI Ratio
0.77
Put-heavy
Spot Price
$7.29
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
$5.00
6/18/2026, 11:33:59 PM
2026-07-17
$5.00
7/17/2026, 11:40:35 PM
2026-08-21NextUpdated
$7.00
8/20/2026, 11:41:13 PM
2026-09-18
$6.00
8/20/2026, 11:41:13 PM
2026-11-20
$8.00
8/20/2026, 11:41:13 PM
2027-02-19
$5.00
8/20/2026, 11:41:13 PM
Selected expiration: 2026-08-21 at max pain $7.00.
WEAV pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
833600
833600
2
200
692200
692400
3
500
550800
551300
4
1000
410500
411500
5
15500
270500
286000
6
37600
134500
172100
7
66100
5800
71900
8
124300
1900
126200
9
301000
1300
302300
10
483800
800
484600
11
666700
500
667200
12
849600
200
849800
13
1032500
0
1032500
14
1215700
0
1215700
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.