This page reflects WYFI 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 — WYFI
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $25.00 (2.07 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$25.00
Nearest expiry
Expected Move
±$3.00
±11.1%
Days to Expiry
3
Calendar days
Total Call OI
14,826
Nearest expiry
Total Put OI
9,736
Nearest expiry
P/C OI Ratio
0.66
Put-heavy
Spot Price
$27.07
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
$30.00
6/18/2026, 11:34:04 PM
2026-07-17
$30.00
7/17/2026, 11:41:50 PM
2026-08-21NextUpdated
$25.00
8/18/2026, 11:38:39 PM
2026-09-18
$25.00
8/18/2026, 11:38:39 PM
2026-11-20
$25.00
8/18/2026, 11:38:39 PM
2027-01-15
$22.50
8/18/2026, 11:38:39 PM
2027-02-19
$17.50
8/18/2026, 11:38:39 PM
2027-06-17
$20.00
8/18/2026, 11:38:39 PM
Selected expiration: 2026-08-21 at max pain $25.00.
WYFI pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
20576750
20576750
5
0
18145000
18145000
7.5
250
15715500
15715750
10
750
13339750
13340500
12.5
1250
10970000
10971250
15
1750
8746000
8747750
17.5
14250
6775750
6790000
20
783500
5009250
5792750
22.5
1595750
3432500
5028250
25
2539750
2288500
4828250
30
5188750
987500
6176250
35
8534250
545500
9079750
40
13061250
387500
13448750
45
18283750
281500
18565250
50
24415250
183000
24598250
55
31162250
90000
31252250
60
38299750
0
38299750
65
45558750
0
45558750
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.