thetaOwl

BA

Boeing Company (The)Close $215.01EOD only
Max Pain
$225.00
Next expiry May 22, 2026
Expected Move
±$5.98
2.8% from close
Price Gap
+9.99
Distance to max pain
IV Rank
1
Low premium
P/C OI
0.75
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 19, 2026 close
End-of-day snapshot

This page reflects BA options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 19, 2026 close
Max Pain — BA
Data as of market close May 19, 2026

Nearest listed expiration 2026-05-22 shows max pain at $225.00 (9.99 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$225.00
Nearest expiry
Expected Move
±$5.98
±2.8%
Days to Expiry
3
Calendar days
Total Call OI
61,071
Nearest expiry
Total Put OI
21,037
Nearest expiry
P/C OI Ratio
0.34
Put-heavy
Spot Price
$215.01
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$222.505/8/2026, 11:04:39 PM
2026-05-15$225.005/15/2026, 11:06:16 PM
2026-05-22NextUpdated$225.005/19/2026, 11:04:37 PM
2026-05-29$227.505/19/2026, 11:04:37 PM
2026-06-05$225.005/19/2026, 11:04:37 PM
2026-06-12$215.005/19/2026, 11:04:37 PM
2026-06-18$220.005/19/2026, 11:04:37 PM
2026-06-26$225.005/19/2026, 11:04:37 PM
2026-07-17$210.005/19/2026, 11:04:37 PM
2026-08-21$225.005/19/2026, 11:04:37 PM
2026-09-18$235.005/19/2026, 11:04:37 PM
2026-11-20$230.005/19/2026, 11:04:37 PM
2026-12-18$200.005/19/2026, 11:04:37 PM
2027-01-15$200.005/19/2026, 11:04:37 PM
2027-02-19$210.005/19/2026, 11:04:37 PM
2027-03-19$215.005/19/2026, 11:04:37 PM
Selected expiration: 2026-05-22 at max pain $225.00.
BA pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
1300166677250166677250
1350156165250156165250
1402000145671250145673250
1455500135242750135248250
1509000124820250124829250
15530500114415250114445750
16055000104027250104082250
165795009385825093937750
1701595008377275083932250
1752440007403575074279750
177.52900006922325069513250
1803360006441700064753000
182.53860005985150060237500
1854365005528975055726250
187.54942505087350051367750
1905520004646025047012250
192.56510004210300042754000
1957512503775400038505250
197.58582503358550034443750
2009692502942900030398250
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.