This page reflects XMTR 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 — XMTR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $90.00 (4.05 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$90.00
Nearest expiry
Expected Move
±$3.95
±4.6%
Days to Expiry
3
Calendar days
Total Call OI
1,037
Nearest expiry
Total Put OI
555
Nearest expiry
P/C OI Ratio
0.54
Put-heavy
Spot Price
$85.95
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
$75.00
6/18/2026, 11:37:39 PM
2026-07-17
$60.00
7/17/2026, 11:40:47 PM
2026-08-21NextUpdated
$90.00
8/18/2026, 11:44:36 PM
2026-09-18
$65.00
8/18/2026, 11:44:36 PM
2026-10-16
$85.00
8/18/2026, 11:44:36 PM
2026-12-18
$60.00
8/18/2026, 11:44:36 PM
2027-01-15
$70.00
8/18/2026, 11:44:36 PM
Selected expiration: 2026-08-21 at max pain $90.00.
XMTR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
2125000
2125000
50
0
1850500
1850500
55
0
1585000
1585000
60
5000
1322000
1327000
65
10500
1073000
1083500
70
23000
831000
854000
75
36500
618000
654500
80
53000
417500
470500
85
116000
242000
358000
90
209500
98500
308000
95
338500
5000
343500
100
522000
1000
523000
105
764000
0
764000
110
1027500
0
1027500
115
1328000
0
1328000
120
1652000
0
1652000
125
2013500
0
2013500
130
2419500
0
2419500
135
2850500
0
2850500
140
3308000
0
3308000
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.