thetaOwl

WST

West Pharmaceutical Services, IClose $352.79EOD only
Max Pain
$350.00
Next expiry Aug 21, 2026
Expected Move
±$5.78
1.6% from close
Price Gap
-2.79
Distance to max pain
IV Rank
14
Low premium
P/C OI
0.74
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 19, 2026 close
End-of-day snapshot

This page reflects WST options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Aug 19, 2026 close
Max Pain — WST
Data as of market close Aug 19, 2026

Nearest listed expiration 2026-08-21 shows max pain at $350.00 (2.79 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$350.00
Nearest expiry
Expected Move
±$5.78
±1.6%
Days to Expiry
2
Calendar days
Total Call OI
817
Nearest expiry
Total Put OI
496
Nearest expiry
P/C OI Ratio
0.61
Put-heavy
Spot Price
$352.79
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$300.006/18/2026, 11:37:41 PM
2026-07-17$330.007/17/2026, 11:41:05 PM
2026-08-21NextUpdated$350.008/19/2026, 11:42:50 PM
2026-09-18$300.008/19/2026, 11:42:50 PM
2026-12-18$280.008/19/2026, 11:42:50 PM
2027-01-15$330.008/19/2026, 11:42:50 PM
2027-03-19$340.008/19/2026, 11:42:50 PM
Selected expiration: 2026-08-21 at max pain $350.00.
WST pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
195062135006213500
200100059660005967000
210500054710005476000
2301500044810004496000
2402000039870004007000
2603000030010003031000
2703500025130002548000
2804000020290002069000
2904600015480001594000
3005300010770001130000
31061000830000891000
32070000615000685000
33079000417000496000
340102000246000348000
350156000109000265000
36029000029000319000
3707120000712000
380120700001207000
390174700001747000
400229500002295000
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.