ZIM Integrated Shipping ServiceClose $28.81EOD only
Max Pain
$25.00
Next expiry Aug 21, 2026
Expected Move
±$1.78
6.2% from close
Price Gap
-3.81
Distance to max pain
IV Rank
10
Low premium
P/C OI
0.91
Balanced positioning
Consensus
—
No reports available
Published snapshot: Aug 17, 2026 close
End-of-day snapshot
This page reflects ZIM options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 17, 2026 close
Max Pain — ZIM
Data as of market close Aug 17, 2026
Nearest listed expiration 2026-08-21 shows max pain at $25.00 (3.81 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
±$1.78
±6.2%
Days to Expiry
4
Calendar days
Total Call OI
16,102
Nearest expiry
Total Put OI
13,658
Nearest expiry
P/C OI Ratio
0.85
Put-heavy
Spot Price
$28.81
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
2026-08-07
$25.00
8/7/2026, 11:41:07 PM
2026-08-14
$25.00
8/14/2026, 11:40:10 PM
2026-08-21NextUpdated
$25.00
8/17/2026, 11:45:28 PM
2026-08-28
$26.00
8/17/2026, 11:45:28 PM
2026-09-04
$27.00
8/17/2026, 11:45:28 PM
2026-09-11
$26.00
8/17/2026, 11:45:28 PM
2026-09-18
$25.00
8/17/2026, 11:45:28 PM
2026-09-25
$25.00
8/17/2026, 11:45:28 PM
2026-10-02
$24.00
8/17/2026, 11:45:28 PM
2026-10-16
$26.00
8/17/2026, 11:45:28 PM
2026-12-18
$27.00
8/17/2026, 11:45:28 PM
2027-01-15
$21.16
8/17/2026, 11:45:28 PM
2027-03-19
$25.00
8/17/2026, 11:45:28 PM
2027-06-17
$35.00
8/17/2026, 11:45:28 PM
Selected expiration: 2026-08-21 at max pain $25.00.
ZIM pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
16
0
9912400
9912400
17
0
8546700
8546700
18
0
7193400
7193400
19
0
5961700
5961700
20
0
4817400
4817400
20.5
3600
4289650
4293250
21
7200
3762100
3769300
21.5
14900
3234750
3249650
22
22650
2709550
2732200
22.5
30500
2233250
2263750
23
38400
1757650
1796050
23.5
46950
1329200
1376150
24
55700
910900
966600
24.5
69450
589350
658800
25
89300
290800
380100
25.5
350700
208700
559400
26
616550
129950
746500
26.5
947300
71300
1018600
27
1284200
51250
1335450
27.5
1684450
42300
1726750
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.