Apollo Global Management, Inc. Close $132.24EOD only
Max Pain
$131.00
Next expiry May 22, 2026
Expected Move
±$3.40
2.6% from close
Price Gap
-1.24
Distance to max pain
IV Rank
38
Middle-high premium
P/C OI
0.83
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects APO 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 — APO
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $131.00 (1.24 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$131.00
Nearest expiry
Expected Move
±$3.40
±2.6%
Days to Expiry
2
Calendar days
Total Call OI
1,583
Nearest expiry
Total Put OI
1,716
Nearest expiry
P/C OI Ratio
1.08
Put-heavy
Spot Price
$132.24
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
$125.00
5/8/2026, 11:02:55 PM
2026-05-15
$120.00
5/15/2026, 11:03:06 PM
2026-05-22NextUpdated
$131.00
5/20/2026, 11:03:07 PM
2026-05-29
$125.00
5/20/2026, 11:03:07 PM
2026-06-05
$130.00
5/20/2026, 11:03:07 PM
2026-06-12
$119.00
5/20/2026, 11:03:07 PM
2026-06-18
$130.00
5/20/2026, 11:03:07 PM
2026-06-26
$135.00
5/20/2026, 11:03:07 PM
2026-07-17
$135.00
5/20/2026, 11:03:07 PM
2026-08-21
$135.00
5/20/2026, 11:03:07 PM
2026-09-18
$130.00
5/20/2026, 11:03:07 PM
2026-12-18
$135.00
5/20/2026, 11:03:07 PM
2027-01-15
$135.00
5/20/2026, 11:03:07 PM
2027-03-19
$120.00
5/20/2026, 11:03:07 PM
Selected expiration: 2026-05-22 at max pain $131.00.
APO pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
70
0
7609200
7609200
75
0
6788200
6788200
80
0
5977700
5977700
85
0
5168700
5168700
90
0
4389700
4389700
92
0
4089300
4089300
93
0
3939400
3939400
94
0
3790000
3790000
95
0
3646700
3646700
96
0
3505000
3505000
97
0
3363800
3363800
98
0
3223600
3223600
99
0
3084700
3084700
100
0
2950300
2950300
101
0
2820400
2820400
102
0
2698700
2698700
103
0
2577600
2577600
104
0
2456700
2456700
105
100
2337000
2337100
106
200
2218600
2218800
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.