This page reflects BOOT 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 — BOOT
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $145.00 (2.73 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$145.00
Nearest expiry
Expected Move
±$6.80
±4.8%
Days to Expiry
29
Calendar days
Total Call OI
6,915
Nearest expiry
Total Put OI
369
Nearest expiry
P/C OI Ratio
0.05
Put-heavy
Spot Price
$142.27
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
$145.00
4/17/2026, 11:06:32 PM
2026-05-15
$145.00
5/15/2026, 11:07:29 PM
2026-06-18NextUpdated
$145.00
5/20/2026, 11:06:23 PM
2026-07-17
$140.00
5/20/2026, 11:06:23 PM
2026-08-21
$170.00
5/20/2026, 11:06:23 PM
2026-11-20
$165.00
5/20/2026, 11:06:23 PM
Selected expiration: 2026-06-18 at max pain $145.00.
BOOT pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
105
0
1122000
1122000
110
0
941500
941500
115
1000
776000
777000
120
2000
613500
615500
125
3000
476000
479000
130
4000
360000
364000
135
7000
262500
269500
140
10500
171500
182000
145
14000
103500
117500
150
174500
71000
245500
155
1221500
41000
1262500
160
2362500
16000
2378500
165
3769500
4000
3773500
170
6884000
2000
6886000
175
10042000
1000
10043000
180
13229000
500
13229500
185
16671000
0
16671000
190
20117000
0
20117000
195
23566500
0
23566500
200
27017000
0
27017000
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.