This page reflects ATHM 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 — ATHM
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $20.00 (3.07 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$20.00
Nearest expiry
Expected Move
±$1.72
±10.2%
Days to Expiry
29
Calendar days
Total Call OI
361
Nearest expiry
Total Put OI
276
Nearest expiry
P/C OI Ratio
0.76
Put-heavy
Spot Price
$16.93
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
$17.50
4/17/2026, 11:03:34 PM
2026-05-15
$17.50
5/15/2026, 11:04:08 PM
2026-06-18NextUpdated
$20.00
5/20/2026, 11:04:43 PM
2026-09-18
$20.00
5/20/2026, 11:04:43 PM
Selected expiration: 2026-06-18 at max pain $20.00.
ATHM pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
15
0
125250
125250
17.5
0
56250
56250
20
2000
39500
41500
22.5
16500
27250
43750
25
104750
15000
119750
27.5
194750
6250
201000
30
284750
3750
288500
32.5
375000
2250
377250
35
465250
1250
466500
37.5
555500
500
556000
40
645750
0
645750
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.