This page reflects ACLS options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — ACLS
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $110.00 (39.56 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$110.00
Nearest expiry
Expected Move
±$23.15
±15.5%
Days to Expiry
29
Calendar days
Total Call OI
2,745
Nearest expiry
Total Put OI
878
Nearest expiry
P/C OI Ratio
0.32
Put-heavy
Spot Price
$149.56
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$90.00
4/17/2026, 11:01:29 PM
2026-05-15
$115.00
5/15/2026, 11:01:24 PM
2026-06-18NextUpdated
$110.00
5/20/2026, 11:01:41 PM
2026-07-17
$155.00
5/20/2026, 11:01:41 PM
2026-08-21
$120.00
5/20/2026, 11:01:41 PM
2026-09-18
$105.00
5/20/2026, 11:01:41 PM
2026-11-20
$75.00
5/20/2026, 11:01:41 PM
2026-12-18
$120.00
5/20/2026, 11:01:41 PM
Selected expiration: 2026-06-18 at max pain $110.00.
ACLS pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
5919500
5919500
45
2000
5484500
5486500
50
5000
5054500
5059500
55
10000
4638000
4648000
60
17500
4240500
4258000
65
27500
3859000
3886500
70
40500
3485000
3525500
75
62500
3129000
3191500
80
89500
2788500
2878000
85
151000
2479500
2630500
90
227500
2186500
2414000
95
320500
1899000
2219500
100
463500
1624500
2088000
105
639000
1368500
2007500
110
889000
1117500
2006500
115
1211500
893500
2105000
120
1559000
683500
2242500
125
1957500
482000
2439500
130
2442000
356000
2798000
135
2981500
244000
3225500
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.