This page reflects ALB 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 — ALB
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $182.50 (12.29 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$182.50
Nearest expiry
Expected Move
±$8.00
±4.7%
Days to Expiry
2
Calendar days
Total Call OI
2,553
Nearest expiry
Total Put OI
3,300
Nearest expiry
P/C OI Ratio
1.29
Put-heavy
Spot Price
$170.21
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
$182.50
5/20/2026, 11:02:33 PM
2026-05-29
$192.50
5/20/2026, 11:02:33 PM
2026-06-05
$190.00
5/20/2026, 11:02:33 PM
2026-06-12
$190.00
5/20/2026, 11:02:33 PM
2026-06-18
$135.00
5/20/2026, 11:02:33 PM
2026-06-26
$170.00
5/20/2026, 11:02:33 PM
2026-07-17
$195.00
5/20/2026, 11:02:33 PM
2026-08-21
$180.00
5/20/2026, 11:02:33 PM
2026-09-18
$185.00
5/20/2026, 11:02:33 PM
2026-12-18
$175.00
5/20/2026, 11:02:33 PM
2027-01-15
$125.00
5/20/2026, 11:02:33 PM
Selected expiration: 2026-05-22 at max pain $182.50.
ALB pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
95
0
22191800
22191800
100
2500
20549300
20551800
105
6500
18919800
18926300
110
11000
17364300
17375300
115
15500
15935800
15951300
120
20000
14508800
14528800
125
24500
13083800
13108300
130
30000
11689800
11719800
135
36000
10297300
10333300
140
42000
8905300
8947300
142
56800
8350100
8406900
145
79000
7518500
7597500
147
96200
6968100
7064300
148
105100
6692900
6798000
149
114000
6417900
6531900
150
122900
6143000
6265900
152.5
147900
5479750
5627650
155
172900
4824750
4997650
157.5
198400
4182000
4380400
160
223900
3553250
3777150
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.