Anheuser-Busch Inbev SA SponsorClose $82.51EOD only
Max Pain
$80.00
Next expiry May 22, 2026
Expected Move
±$0.45
0.6% from close
Price Gap
-2.51
Distance to max pain
IV Rank
44
Middle-high premium
P/C OI
0.86
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 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 20, 2026 close
Max Pain — BUD
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $80.00 (2.51 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
±$0.45
±0.6%
Days to Expiry
2
Calendar days
Total Call OI
233
Nearest expiry
Total Put OI
753
Nearest expiry
P/C OI Ratio
3.23
Put-heavy
Spot Price
$82.51
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
5/20/2026, 11:06:15 PM
2026-05-29
$68.00
5/20/2026, 11:06:15 PM
2026-06-05
$81.00
5/20/2026, 11:06:15 PM
2026-06-12
$82.00
5/20/2026, 11:06:15 PM
2026-06-18
$80.00
5/20/2026, 11:06:15 PM
2026-06-26
$81.00
5/20/2026, 11:06:15 PM
2026-07-17
$80.00
5/20/2026, 11:06:15 PM
2026-09-18
$72.50
5/20/2026, 11:06:15 PM
2026-12-18
$70.00
5/20/2026, 11:06:15 PM
2027-01-15
$62.50
5/20/2026, 11:06:15 PM
2027-03-19
$77.50
5/20/2026, 11:06:15 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
1661300
1661300
57
0
1510700
1510700
64
0
983600
983600
65
100
908500
908600
66
300
833400
833700
67
500
758400
758900
68
700
683400
684100
69
1000
608600
609600
70
1500
533800
535300
71
2000
459100
461100
72
2500
384700
387200
73
3000
318500
321500
74
3500
254400
257900
75
4000
192100
196100
76
4500
140000
144500
77
5000
91300
96300
78
5500
51200
56700
79
6700
27700
34400
80
8100
11100
19200
81
16000
4300
20300
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.