Choice Hotels International, InClose $112.26EOD only
Max Pain
$100.00
Next expiry Jun 18, 2026
Expected Move
±$6.50
5.8% from close
Price Gap
-12.26
Distance to max pain
IV Rank
13
Low premium
P/C OI
0.43
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects CHH 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 — CHH
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $100.00 (12.26 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$6.50
±5.8%
Days to Expiry
29
Calendar days
Total Call OI
1,329
Nearest expiry
Total Put OI
181
Nearest expiry
P/C OI Ratio
0.14
Put-heavy
Spot Price
$112.26
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
$100.00
4/17/2026, 11:07:27 PM
2026-05-15
$105.00
5/15/2026, 11:08:22 PM
2026-06-18NextUpdated
$100.00
5/20/2026, 11:08:08 PM
2026-09-18
$95.00
5/20/2026, 11:08:08 PM
2026-12-18
$105.00
5/20/2026, 11:08:08 PM
Selected expiration: 2026-06-18 at max pain $100.00.
CHH pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
812000
812000
55
0
722000
722000
60
0
632500
632500
65
0
544000
544000
70
0
456500
456500
75
500
370000
370500
80
1000
284000
285000
85
2000
198500
200500
90
3000
115000
118000
95
6500
34500
41000
100
11500
3500
15000
105
38000
1000
39000
110
74000
500
74500
115
165000
0
165000
120
808000
0
808000
125
1453000
0
1453000
130
2099500
0
2099500
140
3408500
0
3408500
150
4732500
0
4732500
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.