What is WFC max pain this week?

WFC max pain for the nearest expiration (2026-08-21) is $87.00. Total call open interest: 57,996. Total put open interest: 71,040.

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 WFCMax Pain

WFC

Wells Fargo & CompanyClose $87.40EOD only

Max Pain

$87.00

Next expiry Aug 21, 2026

Expected Move

±$1.61

1.9% from close

Price Gap

-0.40

Distance to max pain

IV Rank

Low premium

P/C OI

1.41

Slightly put-heavy

Consensus

4/4

Partial coverage

Published snapshot: Aug 18, 2026 close

End-of-day snapshot

This page reflects WFC 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 — WFC

Data as of market close Aug 18, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-08-21 shows max pain at $87.00 (0.40 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$87.00

Nearest expiry

Expected Move

±$1.61

±1.9%

Days to Expiry

Calendar days

Total Call OI

57,996

Nearest expiry

Total Put OI

71,040

Nearest expiry

P/C OI Ratio

1.22

Put-heavy

Spot Price

$87.40

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	$88.00	8/7/2026, 11:40:54 PM
2026-08-14	$88.00	8/14/2026, 11:44:52 PM
2026-08-21NextUpdated	$87.00	8/18/2026, 11:43:19 PM
2026-08-28	$88.00	8/18/2026, 11:43:19 PM
2026-09-04	$88.00	8/18/2026, 11:43:19 PM
2026-09-11	$90.00	8/18/2026, 11:43:19 PM
2026-09-18	$85.00	8/18/2026, 11:43:19 PM
2026-09-25	$88.00	8/18/2026, 11:43:19 PM
2026-10-16	$85.00	8/18/2026, 11:43:19 PM
2026-11-20	$85.00	8/18/2026, 11:43:19 PM
2026-12-18	$82.50	8/18/2026, 11:43:19 PM
2027-01-15	$80.00	8/18/2026, 11:43:19 PM
2027-03-19	$80.00	8/18/2026, 11:43:19 PM
2027-06-17	$77.50	8/18/2026, 11:43:19 PM

Selected expiration: 2026-08-21 at max pain $87.00.

WFC pain by strike for 2026-08-21 expiration
Strike	Call Pain	Put Pain	Total Pain
40	0	274846650	274846650
42.5	25000	257093150	257118150
45	50000	239378150	239428150
47.5	75000	221674150	221749150
50	100000	203976650	204076650
55	150500	168652150	168802650
60	201000	133707650	133908650
65	251500	100499150	100750650
67.5	280500	84285400	84565900
70	309500	68365400	68674900
72.5	342250	53661150	54003400
75	375500	39608650	39984150
76	390300	34444150	34834450
77	405300	29295350	29700650
77.5	414000	26727400	27141400
78	440400	24777100	25217500
79	493200	20893300	21386500
80	546300	17050300	17596600
81	632000	13797100	14429100
82	717900	10561700	11279600

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.