Wyndham Hotels & Resorts, Inc.Close $73.36EOD only
Max Pain
$80.00
Next expiry Aug 21, 2026
Expected Move
±$2.80
3.8% from close
Price Gap
+6.64
Distance to max pain
IV Rank
36
Middle-high premium
P/C OI
0.88
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects WH 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 — WH
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $80.00 (6.64 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$2.80
±3.8%
Days to Expiry
3
Calendar days
Total Call OI
4,978
Nearest expiry
Total Put OI
4,371
Nearest expiry
P/C OI Ratio
0.88
Put-heavy
Spot Price
$73.36
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
2026-06-18
$80.00
6/18/2026, 11:37:46 PM
2026-07-17
$80.00
7/17/2026, 11:39:33 PM
2026-08-21NextUpdated
$80.00
8/18/2026, 11:43:07 PM
2026-09-18
$75.00
8/18/2026, 11:43:07 PM
2026-11-20
$75.00
8/18/2026, 11:43:07 PM
2027-02-19
$70.00
8/18/2026, 11:43:07 PM
Selected expiration: 2026-08-21 at max pain $80.00.
WH pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
12497000
12497000
50
0
10313000
10313000
55
1500
8131000
8132500
60
3000
5954500
5957500
65
4500
3926500
3931000
70
8500
1934000
1942500
75
38000
123500
161500
80
80500
7500
88000
85
2016000
4500
2020500
90
4409500
1500
4411000
95
6844000
0
6844000
100
9298000
0
9298000
105
11776000
0
11776000
110
14254500
0
14254500
115
16733000
0
16733000
120
19211500
0
19211500
125
21690500
0
21690500
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.