Academy Sports and Outdoors, InClose $50.60EOD only
Max Pain
$50.00
Next expiry May 22, 2026
Expected Move
±$1.62
3.2% from close
Price Gap
-0.60
Distance to max pain
IV Rank
1
Low premium
P/C OI
0.54
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects ASO 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 — ASO
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $50.00 (0.60 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$50.00
Nearest expiry
Expected Move
±$1.62
±3.2%
Days to Expiry
2
Calendar days
Total Call OI
585
Nearest expiry
Total Put OI
1,049
Nearest expiry
P/C OI Ratio
1.79
Put-heavy
Spot Price
$50.60
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
$50.00
5/8/2026, 11:05:03 PM
2026-05-15
$53.00
5/15/2026, 11:04:56 PM
2026-05-22NextUpdated
$50.00
5/20/2026, 11:03:08 PM
2026-05-29
$51.00
5/20/2026, 11:03:08 PM
2026-06-05
$50.00
5/20/2026, 11:03:08 PM
2026-06-12
$55.00
5/20/2026, 11:03:08 PM
2026-06-18
$55.00
5/20/2026, 11:03:08 PM
2026-06-26
$50.00
5/20/2026, 11:03:08 PM
2026-07-17
$52.50
5/20/2026, 11:03:08 PM
2026-10-16
$57.50
5/20/2026, 11:03:08 PM
2027-01-15
$45.00
5/20/2026, 11:03:08 PM
Selected expiration: 2026-05-22 at max pain $50.00.
ASO pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
1510700
1510700
41
0
882500
882500
42
100
777800
777900
43
300
673100
673400
44
6300
568400
574700
45
18100
467000
485100
46
30000
385000
415000
47
45100
303000
348100
48
63300
226700
290000
49
81800
160600
242400
50
102300
109300
211600
51
140200
78700
218900
52
179900
52000
231900
53
225200
26300
251500
54
272300
3700
276000
55
321800
3100
324900
56
372400
2600
375000
57
424600
2300
426900
58
477300
2000
479300
59
533000
1700
534700
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.