This page reflects WOLF options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 17, 2026 close
Max Pain — WOLF
Data as of market close Aug 17, 2026
Nearest listed expiration 2026-08-21 shows max pain at $28.50 (6.46 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$28.50
Nearest expiry
Expected Move
±$6.05
±17.3%
Days to Expiry
4
Calendar days
Total Call OI
16,454
Nearest expiry
Total Put OI
10,645
Nearest expiry
P/C OI Ratio
0.65
Put-heavy
Spot Price
$34.96
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
$24.50
8/7/2026, 11:38:27 PM
2026-08-14
$30.00
8/14/2026, 11:44:57 PM
2026-08-21NextUpdated
$28.50
8/17/2026, 11:44:13 PM
2026-08-28
$30.00
8/17/2026, 11:44:13 PM
2026-09-04
$27.00
8/17/2026, 11:44:13 PM
2026-09-11
$29.00
8/17/2026, 11:44:13 PM
2026-09-18
$30.00
8/17/2026, 11:44:13 PM
2026-09-25
$31.00
8/17/2026, 11:44:13 PM
2026-10-02
$23.00
8/17/2026, 11:44:13 PM
2026-11-20
$32.50
8/17/2026, 11:44:13 PM
2026-12-18
$30.00
8/17/2026, 11:44:13 PM
2027-01-15
$3.00
8/17/2026, 11:44:13 PM
2027-03-19
$32.50
8/17/2026, 11:44:13 PM
2027-04-16
$30.00
8/17/2026, 11:44:13 PM
2027-06-17
$35.00
8/17/2026, 11:44:13 PM
Selected expiration: 2026-08-21 at max pain $28.50.
WOLF pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
11
0
14605250
14605250
12
0
13540850
13540850
13
0
12476750
12476750
14
0
11413250
11413250
15
0
10360050
10360050
16
0
9308650
9308650
17
0
8259250
8259250
17.5
0
7735050
7735050
18
0
7364900
7364900
19
0
6632000
6632000
20
0
5900400
5900400
21
800
5203300
5204100
22
3800
4509700
4513500
22.5
6900
4174500
4181400
23
11350
3847000
3858350
24
22050
3236900
3258950
24.5
32850
2959200
2992050
25
64250
2688050
2752300
25.5
105100
2472500
2577600
26
147300
2271300
2418600
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.