This page reflects YELP 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 — YELP
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $23.00 (0.36 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$23.00
Nearest expiry
Expected Move
±$1.15
±4.9%
Days to Expiry
3
Calendar days
Total Call OI
6,072
Nearest expiry
Total Put OI
3,708
Nearest expiry
P/C OI Ratio
0.61
Put-heavy
Spot Price
$23.36
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
$23.00
6/18/2026, 11:39:15 PM
2026-07-17
$24.00
7/17/2026, 11:41:26 PM
2026-08-21NextUpdated
$23.00
8/18/2026, 11:43:12 PM
2026-09-18
$23.00
8/18/2026, 11:43:12 PM
2026-11-20
$20.00
8/18/2026, 11:43:12 PM
2027-02-19
$26.00
8/18/2026, 11:43:12 PM
Selected expiration: 2026-08-21 at max pain $23.00.
YELP pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
13
0
4248800
4248800
14
0
3882000
3882000
15
0
3515200
3515200
16
0
3153500
3153500
17
0
2796500
2796500
18
800
2446800
2447600
19
2200
2132600
2134800
20
3600
1824700
1828300
21
7200
1572000
1579200
22
18300
1322400
1340700
23
231800
1079100
1310900
24
493200
874100
1367300
25
758000
686400
1444400
26
1097300
511800
1609100
27
1450300
339400
1789700
28
1856900
170000
2026900
29
2276500
1100
2277600
30
2767100
0
2767100
31
3294100
0
3294100
32
3842000
0
3842000
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.