Broadridge Financial Solutions,Close $149.20EOD only
Max Pain
$165.00
Next expiry Jun 18, 2026
Expected Move
±$12.55
8.4% from close
Price Gap
+15.80
Distance to max pain
IV Rank
24
Low premium
P/C OI
2.04
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects BR 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 — BR
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $165.00 (15.80 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$165.00
Nearest expiry
Expected Move
±$12.55
±8.4%
Days to Expiry
29
Calendar days
Total Call OI
545
Nearest expiry
Total Put OI
2,043
Nearest expiry
P/C OI Ratio
3.75
Put-heavy
Spot Price
$149.20
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
$160.00
4/17/2026, 11:05:30 PM
2026-05-15
$150.00
5/15/2026, 11:07:20 PM
2026-06-18NextUpdated
$165.00
5/20/2026, 11:04:15 PM
2026-07-17
$150.00
5/20/2026, 11:04:15 PM
2026-09-18
$170.00
5/20/2026, 11:04:15 PM
2026-12-18
$155.00
5/20/2026, 11:04:15 PM
Selected expiration: 2026-06-18 at max pain $165.00.
BR pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
115
0
4296500
4296500
120
0
3277000
3277000
125
0
2258000
2258000
130
500
1244500
1245000
135
1500
1030000
1031500
140
3500
831500
835000
145
16500
654500
671000
150
32000
555000
587000
155
55500
472500
528000
160
89500
397500
487000
165
155000
327000
482000
170
249500
262500
512000
175
353500
202000
555500
180
482000
152000
634000
185
646500
119500
766000
190
817500
88000
905500
195
1005500
59500
1065000
200
1196000
38000
1234000
210
1598000
9000
1607000
220
2000000
6000
2006000
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.