This page reflects CAMT options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 19, 2026 close
Max Pain — CAMT
Data as of market close May 19, 2026
Nearest listed expiration 2026-06-18 shows max pain at $185.00 (33.69 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$185.00
Nearest expiry
Expected Move
±$23.55
±15.6%
Days to Expiry
30
Calendar days
Total Call OI
3,761
Nearest expiry
Total Put OI
2,058
Nearest expiry
P/C OI Ratio
0.55
Put-heavy
Spot Price
$151.31
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
$165.00
4/17/2026, 11:06:49 PM
2026-05-15
$110.00
5/15/2026, 11:03:50 PM
2026-06-18NextUpdated
$185.00
5/19/2026, 11:03:49 PM
2026-07-17
$155.00
5/19/2026, 11:03:49 PM
2026-08-21
$155.00
5/19/2026, 11:03:49 PM
2026-11-20
$160.00
5/19/2026, 11:03:49 PM
2027-01-15
$80.00
5/19/2026, 11:03:49 PM
Selected expiration: 2026-06-18 at max pain $185.00.
CAMT pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
100
0
10841000
10841000
120
0
6727000
6727000
125
0
5700000
5700000
130
0
4727500
4727500
135
500
3771500
3772000
140
2000
2825500
2827500
145
9500
1915500
1925000
150
27500
1197000
1224500
155
50000
825000
875000
160
72500
617500
690000
165
98000
479000
577000
170
127000
344000
471000
175
169500
230500
400000
180
217500
152000
369500
185
280500
84000
364500
190
348000
26000
374000
195
707000
18500
725500
200
1296500
11000
1307500
210
2504500
0
2504500
220
3754500
0
3754500
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.