This page reflects AMGN 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 — AMGN
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $327.50 (4.07 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$327.50
Nearest expiry
Expected Move
±$5.70
±1.7%
Days to Expiry
2
Calendar days
Total Call OI
4,285
Nearest expiry
Total Put OI
1,800
Nearest expiry
P/C OI Ratio
0.42
Put-heavy
Spot Price
$331.57
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
$325.00
5/8/2026, 11:02:17 PM
2026-05-15
$345.00
5/15/2026, 11:03:33 PM
2026-05-22NextUpdated
$327.50
5/20/2026, 11:02:31 PM
2026-05-29
$330.00
5/20/2026, 11:02:31 PM
2026-06-05
$330.00
5/20/2026, 11:02:31 PM
2026-06-12
$335.00
5/20/2026, 11:02:31 PM
2026-06-18
$335.00
5/20/2026, 11:02:31 PM
2026-06-26
$320.00
5/20/2026, 11:02:31 PM
2026-07-17
$330.00
5/20/2026, 11:02:31 PM
2026-08-21
$325.00
5/20/2026, 11:02:31 PM
2026-09-18
$340.00
5/20/2026, 11:02:31 PM
2026-10-16
$320.00
5/20/2026, 11:02:31 PM
2026-12-18
$360.00
5/20/2026, 11:02:31 PM
2027-01-15
$340.00
5/20/2026, 11:02:31 PM
2027-03-19
$320.00
5/20/2026, 11:02:31 PM
Selected expiration: 2026-05-22 at max pain $327.50.
AMGN pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
250
0
9168250
9168250
255
0
8283750
8283750
260
0
7413250
7413250
265
0
6663750
6663750
270
0
5979250
5979250
275
0
5296750
5296750
280
0
4620750
4620750
285
0
3945750
3945750
290
0
3395750
3395750
295
0
2847750
2847750
300
500
2301750
2302250
302.5
1000
2037750
2038750
305
1500
1782250
1783750
307.5
2000
1532500
1534500
310
2500
1286000
1288500
312.5
3000
1049500
1052500
315
3500
819000
822500
317.5
4250
613250
617500
320
5000
419500
424500
322.5
6250
285750
292000
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.