thetaOwl

AIG

American International Group, IClose $78.03EOD only
Max Pain
$78.00
Next expiry May 22, 2026
Expected Move
±$1.25
1.6% from close
Price Gap
-0.03
Distance to max pain
IV Rank
21
Low premium
P/C OI
1.54
Slightly put-heavy
Consensus
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-05-22 shows max pain at $78.00 (0.03 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$78.00
Nearest expiry
Expected Move
±$1.25
±1.6%
Days to Expiry
2
Calendar days
Total Call OI
597
Nearest expiry
Total Put OI
544
Nearest expiry
P/C OI Ratio
0.91
Put-heavy
Spot Price
$78.03
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$77.005/8/2026, 11:01:48 PM
2026-05-15$77.505/15/2026, 11:02:33 PM
2026-05-22NextUpdated$78.005/20/2026, 11:02:10 PM
2026-05-29$78.005/20/2026, 11:02:10 PM
2026-06-05$80.005/20/2026, 11:02:10 PM
2026-06-12$76.005/20/2026, 11:02:10 PM
2026-06-18$80.005/20/2026, 11:02:10 PM
2026-06-26$80.005/20/2026, 11:02:10 PM
2026-07-17$75.005/20/2026, 11:02:10 PM
2026-08-21$75.005/20/2026, 11:02:10 PM
2026-09-18$77.505/20/2026, 11:02:10 PM
2026-11-20$72.505/20/2026, 11:02:10 PM
2026-12-18$75.005/20/2026, 11:02:10 PM
2027-01-15$77.505/20/2026, 11:02:10 PM
2027-03-19$80.005/20/2026, 11:02:10 PM
Selected expiration: 2026-05-22 at max pain $78.00.
AIG pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
610786900786900
62300732500732800
63800678100678900
645500623700629200
6514600569300583900
6623700515000538700
6732800461800494600
6841900408900450800
6951000356400407400
7060100304300364400
7169200255800325000
7278400207900286300
7387700165400253100
7497000123600220600
7510690092500199400
7611750064700182200
7713130040400171700
7814540025300170700
7916390012100176000
801919003000194900
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.