This page reflects ASRT options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 21, 2026 close
Max Pain — ASRT
Data as of market close May 21, 2026
Nearest listed expiration 2026-06-18 shows max pain at $1.00 (22.37 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$1.00
Nearest expiry
Expected Move
±$2.40
±10.3%
Days to Expiry
28
Calendar days
Total Call OI
4,434
Nearest expiry
Total Put OI
90
Nearest expiry
P/C OI Ratio
0.02
Put-heavy
Spot Price
$23.37
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
$13.00
4/17/2026, 11:03:16 PM
2026-06-18NextUpdated
$1.00
5/21/2026, 11:03:21 PM
2026-09-18
$13.00
5/21/2026, 11:03:21 PM
Selected expiration: 2026-06-18 at max pain $1.00.
ASRT pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
45600
45600
2
251700
36600
288300
3
577400
32600
610000
6
1770200
20600
1790800
8
2565600
13000
2578600
9
2963700
9300
2973000
10
3396800
6000
3402800
11
3830000
4600
3834600
12
4264600
3200
4267800
14
5145000
2400
5147400
15
5585200
2000
5587200
16
6025400
1600
6027000
18
6905800
800
6906600
19
7346000
400
7346400
20
7787200
0
7787200
25
10001700
0
10001700
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.