Nearest listed expiration 2026-05-22 shows max pain at $415.00 (0.95 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$415.00
Nearest expiry
Expected Move
±$24.90
±6.0%
Days to Expiry
3
Calendar days
Total Call OI
127,474
Nearest expiry
Total Put OI
141,791
Nearest expiry
P/C OI Ratio
1.11
Put-heavy
Spot Price
$414.05
Published close
Consensus
7.0/10
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
$372.50
5/8/2026, 11:03:45 PM
2026-05-15
$342.50
5/15/2026, 11:04:26 PM
2026-05-22NextUpdated
$415.00
5/19/2026, 11:03:55 PM
2026-05-29
$400.00
5/19/2026, 11:03:55 PM
2026-06-05
$400.00
5/19/2026, 11:03:55 PM
2026-06-12
$410.00
5/19/2026, 11:03:55 PM
2026-06-18
$220.00
5/19/2026, 11:03:55 PM
2026-06-26
$420.00
5/19/2026, 11:03:55 PM
2026-07-17
$270.00
5/19/2026, 11:03:55 PM
2026-08-21
$270.00
5/19/2026, 11:03:55 PM
2026-09-18
$230.00
5/19/2026, 11:03:55 PM
2026-10-16
$290.00
5/19/2026, 11:03:55 PM
2026-11-20
$240.00
5/19/2026, 11:03:55 PM
2026-12-18
$175.00
5/19/2026, 11:03:55 PM
2027-01-15
$185.00
5/19/2026, 11:03:55 PM
2027-03-19
$300.00
5/19/2026, 11:03:55 PM
Selected expiration: 2026-05-22 at max pain $415.00.
AMD pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
4241124750
4241124750
45
2000
4170232750
4170234750
50
4000
4099341750
4099345750
55
6000
4028452250
4028458250
60
8500
3957565750
3957574250
65
11000
3888329250
3888340250
70
24000
3819092750
3819116750
75
84000
3749856250
3749940250
80
171000
3680625250
3680796250
85
293000
3611399250
3611692250
90
439500
3542173750
3542613250
95
605500
3472949750
3473555250
100
780000
3403725750
3404505750
105
1059000
3334506250
3335565250
110
1381000
3265287250
3266668250
115
1718500
3196077250
3197795750
120
2099000
3126873750
3128972750
125
2496000
3057672750
3060168750
130
2899000
2988482750
2991381750
135
3314500
2919297250
2922611750
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.