thetaOwl

YOU

Clear Secure, Inc.Close $44.61EOD only
Max Pain
$44.80
Next expiry Aug 21, 2026
Expected Move
±$1.70
3.8% from close
Price Gap
+0.19
Distance to max pain
IV Rank
15
Low premium
P/C OI
0.28
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects YOU 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 — YOU
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $44.80 (0.19 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$44.80
Nearest expiry
Expected Move
±$1.70
±3.8%
Days to Expiry
3
Calendar days
Total Call OI
12,132
Nearest expiry
Total Put OI
1,761
Nearest expiry
P/C OI Ratio
0.15
Put-heavy
Spot Price
$44.61
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$55.006/18/2026, 11:38:51 PM
2026-07-17$44.807/17/2026, 11:38:34 PM
2026-08-21NextUpdated$44.808/18/2026, 11:38:05 PM
2026-09-18$55.008/18/2026, 11:38:05 PM
2026-11-20$50.008/18/2026, 11:38:05 PM
2027-01-15$22.738/18/2026, 11:38:05 PM
2027-02-19$45.008/18/2026, 11:38:05 PM
Selected expiration: 2026-08-21 at max pain $44.80.
YOU pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
19.8044631204463120
204044289204428960
24.8100036086003609600
25104035754603576500
29.8200027820202784020
30282027491602751980
30.8930026184402627740
311092025861802597100
31.81748024573802474860
321912024254202444540
32.82568022976602323340
33.83388021394602173340
343658021081802144760
34.85138019832202034600
355582019524402008260
35.87926018309201910180
368516018005801885740
36.810876016793801788140
3711512016490801764200
37.814120015282001669400
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.