This page reflects AMP 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 — AMP
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $490.00 (32.73 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$490.00
Nearest expiry
Expected Move
±$30.35
±6.6%
Days to Expiry
29
Calendar days
Total Call OI
414
Nearest expiry
Total Put OI
328
Nearest expiry
P/C OI Ratio
0.79
Put-heavy
Spot Price
$457.27
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$470.00
4/17/2026, 11:02:05 PM
2026-05-15
$480.00
5/15/2026, 11:03:31 PM
2026-06-18NextUpdated
$490.00
5/20/2026, 11:03:39 PM
2026-07-17
$490.00
5/20/2026, 11:03:39 PM
2026-09-18
$460.00
5/20/2026, 11:03:39 PM
2026-11-20
$420.00
5/20/2026, 11:03:39 PM
2026-12-18
$480.00
5/20/2026, 11:03:39 PM
Selected expiration: 2026-06-18 at max pain $490.00.
AMP pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
260
0
5395000
5395000
270
0
5067000
5067000
280
0
4739000
4739000
290
0
4412000
4412000
300
1000
4087000
4088000
310
2000
3768000
3770000
320
3000
3455000
3458000
330
4000
3142000
3146000
340
5000
2837000
2842000
350
6000
2537000
2543000
360
9000
2243000
2252000
370
14000
1964000
1978000
380
19000
1707000
1726000
390
24000
1465000
1489000
400
29000
1231000
1260000
410
35000
1026000
1061000
420
41000
836000
877000
430
50000
665000
715000
440
61000
523000
584000
450
72000
409000
481000
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.