This page reflects BALL 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 — BALL
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $57.50 (0.69 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$57.50
Nearest expiry
Expected Move
±$3.40
±6.0%
Days to Expiry
29
Calendar days
Total Call OI
2,451
Nearest expiry
Total Put OI
1,032
Nearest expiry
P/C OI Ratio
0.42
Put-heavy
Spot Price
$56.81
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
$60.00
4/17/2026, 11:05:46 PM
2026-05-15
$55.00
5/15/2026, 11:05:45 PM
2026-06-18NextUpdated
$57.50
5/20/2026, 11:04:51 PM
2026-07-17
$52.50
5/20/2026, 11:04:51 PM
2026-08-21
$60.00
5/20/2026, 11:04:51 PM
2026-09-18
$57.50
5/20/2026, 11:04:51 PM
2026-11-20
$60.00
5/20/2026, 11:04:51 PM
2026-12-18
$60.00
5/20/2026, 11:04:51 PM
2027-01-15
$52.50
5/20/2026, 11:04:51 PM
2027-03-19
$60.00
5/20/2026, 11:04:51 PM
Selected expiration: 2026-06-18 at max pain $57.50.
BALL pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
3137750
3137750
27.5
250
2879750
2880000
30
1500
2622000
2623500
32.5
2750
2364750
2367500
35
5000
2107500
2112500
37.5
7750
1854500
1862250
40
10500
1605750
1616250
42.5
13500
1359750
1373250
45
16500
1113750
1130250
47.5
19750
869000
888750
50
23000
638250
661250
52.5
34250
420750
455000
55
56500
243750
300250
57.5
105250
105750
211000
60
185500
46500
232000
62.5
337000
16250
353250
65
651500
2000
653500
67.5
991750
0
991750
70
1351000
0
1351000
72.5
1901500
0
1901500
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.