thetaOwl

AEHR

Aehr Test SystemsClose $82.34EOD only
Max Pain
$90.00
Next expiry May 22, 2026
Expected Move
±$8.15
9.9% from close
Price Gap
+7.66
Distance to max pain
IV Rank
18
Low premium
P/C OI
0.89
Slightly call-heavy
Consensus
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects AEHR 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 — AEHR
Data as of market close May 20, 2026

Nearest listed expiration 2026-05-22 shows max pain at $90.00 (7.66 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
±$8.15
±9.9%
Days to Expiry
2
Calendar days
Total Call OI
3,215
Nearest expiry
Total Put OI
4,788
Nearest expiry
P/C OI Ratio
1.49
Put-heavy
Spot Price
$82.34
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$88.005/8/2026, 11:02:05 PM
2026-05-15$80.005/15/2026, 11:01:35 PM
2026-05-22NextUpdated$90.005/20/2026, 11:02:18 PM
2026-05-29$90.005/20/2026, 11:02:18 PM
2026-06-05$86.005/20/2026, 11:02:18 PM
2026-06-12$87.005/20/2026, 11:02:18 PM
2026-06-18$70.005/20/2026, 11:02:18 PM
2026-06-26$90.005/20/2026, 11:02:18 PM
2026-07-17$105.005/20/2026, 11:02:18 PM
2026-09-18$65.005/20/2026, 11:02:18 PM
2026-12-18$85.005/20/2026, 11:02:18 PM
2027-01-15$22.505/20/2026, 11:02:18 PM
Selected expiration: 2026-05-22 at max pain $90.00.
AEHR pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
5001629500016295000
5401438260014382600
551001390450013904600
577001295110012951800
5810001247580012476800
6016001153100011532600
6224001059740010599800
6328001013140010134200
64320096661009669300
65360092015009205100
66430087402008744500
67500082793008284300
68570078228007828500
69640073741007380500
70710069303006937400
71850065225006531000
72990061217006131600
731140057320005743400
741290053460005358900
751440049631004977500
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.