This page reflects ALB options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 21, 2026 close
Max Pain — ALB
Data as of market close May 21, 2026
Nearest listed expiration 2026-05-22 shows max pain at $177.50 (7.60 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$177.50
Nearest expiry
Expected Move
±$6.05
±3.6%
Days to Expiry
1
Calendar days
Total Call OI
2,866
Nearest expiry
Total Put OI
3,182
Nearest expiry
P/C OI Ratio
1.11
Put-heavy
Spot Price
$169.90
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$200.00
5/8/2026, 11:03:09 PM
2026-05-15
$197.50
5/15/2026, 11:02:07 PM
2026-05-22NextUpdated
$177.50
5/21/2026, 11:02:54 PM
2026-05-29
$190.00
5/21/2026, 11:02:54 PM
2026-06-05
$190.00
5/21/2026, 11:02:54 PM
2026-06-12
$190.00
5/21/2026, 11:02:54 PM
2026-06-18
$135.00
5/21/2026, 11:02:54 PM
2026-06-26
$170.00
5/21/2026, 11:02:54 PM
2026-07-17
$195.00
5/21/2026, 11:02:54 PM
2026-08-21
$180.00
5/21/2026, 11:02:54 PM
2026-09-18
$185.00
5/21/2026, 11:02:54 PM
2026-12-18
$175.00
5/21/2026, 11:02:54 PM
2027-01-15
$125.00
5/21/2026, 11:02:54 PM
Selected expiration: 2026-05-22 at max pain $177.50.
ALB pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
95
0
20812300
20812300
100
2500
19228800
19231300
105
6500
17658300
17664800
110
11000
16161800
16172800
115
15500
14792300
14807800
120
20000
13424300
13444300
125
24500
12058300
12082800
130
30000
10723300
10753300
135
36000
9389800
9425800
140
42000
8056800
8098800
142
56800
7525200
7582000
145
79000
6729000
6808000
147
96200
6202200
6298400
148
105200
5938800
6044000
149
114200
5675600
5789800
150
123200
5412500
5535700
152.5
148450
4781250
4929700
155
173700
4160250
4333950
157.5
199450
3554250
3753700
160
225200
2966000
3191200
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.