Watts Water Technologies, Inc.Close $375.80EOD only
Max Pain
$350.00
Next expiry Aug 21, 2026
Expected Move
±$8.82
2.4% from close
Price Gap
-25.80
Distance to max pain
IV Rank
10
Low premium
P/C OI
0.06
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects WTS 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 — WTS
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $350.00 (25.80 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
±$8.82
±2.4%
Days to Expiry
3
Calendar days
Total Call OI
45
Nearest expiry
Total Put OI
43
Nearest expiry
P/C OI Ratio
0.96
Put-heavy
Spot Price
$375.80
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
$280.00
6/18/2026, 11:37:49 PM
2026-07-17
$320.00
7/17/2026, 11:41:11 PM
2026-08-21NextUpdated
$350.00
8/18/2026, 11:41:11 PM
2026-09-18
$330.00
8/18/2026, 11:41:11 PM
2026-12-18
$290.00
8/18/2026, 11:41:11 PM
2027-03-19
$320.00
8/18/2026, 11:41:11 PM
Selected expiration: 2026-08-21 at max pain $350.00.
WTS pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
250
0
266000
266000
260
0
225000
225000
270
0
185000
185000
280
0
149000
149000
290
0
115000
115000
300
0
86000
86000
310
0
62000
62000
320
0
40000
40000
330
0
30000
30000
340
3000
21000
24000
350
8000
15000
23000
360
26000
11000
37000
370
51000
7000
58000
380
81000
3000
84000
390
114000
0
114000
400
150000
0
150000
410
193000
0
193000
420
238000
0
238000
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.