Anheuser-Busch Inbev SA SponsorClose $83.36EOD only
Max Pain
$80.00
Next expiry May 22, 2026
Expected Move
±$0.65
0.8% from close
Price Gap
-3.36
Distance to max pain
IV Rank
37
Middle-high premium
P/C OI
0.85
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 21, 2026 close
End-of-day snapshot
This page reflects BUD options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 21, 2026 close
Max Pain — BUD
Data as of market close May 21, 2026
Nearest listed expiration 2026-05-22 shows max pain at $80.00 (3.36 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$0.65
±0.8%
Days to Expiry
1
Calendar days
Total Call OI
239
Nearest expiry
Total Put OI
757
Nearest expiry
P/C OI Ratio
3.17
Put-heavy
Spot Price
$83.36
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
$81.00
5/8/2026, 11:07:29 PM
2026-05-15
$80.00
5/15/2026, 11:04:08 PM
2026-05-22NextUpdated
$80.00
5/21/2026, 11:07:31 PM
2026-05-29
$68.00
5/21/2026, 11:07:31 PM
2026-06-05
$81.00
5/21/2026, 11:07:31 PM
2026-06-12
$81.00
5/21/2026, 11:07:31 PM
2026-06-18
$80.00
5/21/2026, 11:07:31 PM
2026-06-26
$81.00
5/21/2026, 11:07:31 PM
2026-07-17
$80.00
5/21/2026, 11:07:31 PM
2026-09-18
$72.50
5/21/2026, 11:07:31 PM
2026-12-18
$70.00
5/21/2026, 11:07:31 PM
2027-01-15
$62.50
5/21/2026, 11:07:31 PM
2027-03-19
$77.50
5/21/2026, 11:07:31 PM
Selected expiration: 2026-05-22 at max pain $80.00.
BUD pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
1671100
1671100
57
0
1519700
1519700
64
0
989800
989800
65
100
914300
914400
66
300
838800
839100
67
500
763400
763900
68
700
688000
688700
69
1000
612800
613800
70
1500
537600
539100
71
2000
462500
464500
72
2500
387700
390200
73
3100
321100
324200
74
3700
256600
260300
75
4400
193900
198300
76
5200
141400
146600
77
6000
92300
98300
78
6800
51800
58600
79
8300
27900
36200
80
10000
10900
20900
81
18200
3700
21900
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.