This page reflects ASST 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 — ASST
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $16.00 (0.98 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$16.00
Nearest expiry
Expected Move
±$1.00
±5.9%
Days to Expiry
2
Calendar days
Total Call OI
36,085
Nearest expiry
Total Put OI
8,143
Nearest expiry
P/C OI Ratio
0.23
Put-heavy
Spot Price
$16.98
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
$16.00
5/8/2026, 11:04:40 PM
2026-05-15
$15.50
5/15/2026, 11:05:56 PM
2026-05-22NextUpdated
$16.00
5/20/2026, 11:03:38 PM
2026-05-29
$16.00
5/20/2026, 11:03:38 PM
2026-06-05
$17.00
5/20/2026, 11:03:38 PM
2026-06-12
$16.50
5/20/2026, 11:03:38 PM
2026-06-18
$1.50
5/20/2026, 11:03:38 PM
2026-06-26
$16.00
5/20/2026, 11:03:38 PM
2026-07-17
$18.00
5/20/2026, 11:03:38 PM
2026-09-18
$7.00
5/20/2026, 11:03:38 PM
2026-10-16
$1.00
5/20/2026, 11:03:38 PM
2026-12-18
$15.00
5/20/2026, 11:03:38 PM
2027-01-15
$0.50
5/20/2026, 11:03:38 PM
Selected expiration: 2026-05-22 at max pain $16.00.
ASST pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
10690300
10690300
3
100
9879800
9879900
4
400
9073700
9074100
5
800
8267600
8268400
5.5
1100
7864550
7865650
6
1400
7461500
7462900
6.5
1800
7058650
7060450
7
2250
6655850
6658100
7.5
2750
6254750
6257500
8
3400
5853700
5857100
8.5
4250
5452650
5456900
9
5250
5051900
5057150
9.5
6400
4652050
4658450
10
7900
4253250
4261150
10.5
9650
3855500
3865150
11
12350
3458450
3470800
11.5
15350
3063950
3079300
12
18450
2670300
2688750
12.5
22200
2284700
2306900
13
26550
1909500
1936050
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.