This page reflects AUR 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 — AUR
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $6.50 (0.62 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$6.50
Nearest expiry
Expected Move
±$0.40
±5.6%
Days to Expiry
2
Calendar days
Total Call OI
6,762
Nearest expiry
Total Put OI
3,350
Nearest expiry
P/C OI Ratio
0.50
Put-heavy
Spot Price
$7.12
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
$5.50
5/8/2026, 11:05:17 PM
2026-05-15
$5.00
5/15/2026, 11:06:26 PM
2026-05-22NextUpdated
$6.50
5/20/2026, 11:04:23 PM
2026-05-29
$7.00
5/20/2026, 11:04:23 PM
2026-06-05
$6.00
5/20/2026, 11:04:23 PM
2026-06-12
$6.50
5/20/2026, 11:04:23 PM
2026-06-18
$4.00
5/20/2026, 11:04:23 PM
2026-06-26
$7.50
5/20/2026, 11:04:23 PM
2026-07-17
$6.00
5/20/2026, 11:04:23 PM
2026-09-18
$4.00
5/20/2026, 11:04:23 PM
2026-11-20
$6.00
5/20/2026, 11:04:23 PM
2026-12-18
$8.00
5/20/2026, 11:04:23 PM
2027-01-15
$5.00
5/20/2026, 11:04:23 PM
Selected expiration: 2026-05-22 at max pain $6.50.
AUR pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
2033650
2033650
1
750
1869200
1869950
1.5
2400
1710400
1712800
2
4800
1551750
1556550
2.5
7550
1393600
1401150
3
10600
1236000
1246600
3.5
13800
1078400
1092200
4
17350
920850
938200
4.5
22700
765000
787700
5
33900
612050
645950
5.5
49700
461150
510850
6
128350
319100
447450
6.5
226250
204800
431050
7
352850
103750
456600
7.5
542450
48150
590600
8
757950
22850
780800
8.5
1044900
12250
1057150
9
1358750
10350
1369100
9.5
1691450
8700
1700150
10
2027300
7200
2034500
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.