Capital One Financial CorporatiClose $187.23EOD only
Max Pain
$185.00
Next expiry May 22, 2026
Expected Move
±$3.83
2.0% from close
Price Gap
-2.23
Distance to max pain
IV Rank
8
Low premium
P/C OI
1.34
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects COF 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 — COF
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $185.00 (2.23 below 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
±$3.83
±2.0%
Days to Expiry
2
Calendar days
Total Call OI
6,492
Nearest expiry
Total Put OI
4,038
Nearest expiry
P/C OI Ratio
0.62
Put-heavy
Spot Price
$187.23
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
$190.00
5/8/2026, 11:08:11 PM
2026-05-15
$190.00
5/15/2026, 11:10:17 PM
2026-05-22NextUpdated
$185.00
5/20/2026, 11:04:05 PM
2026-05-29
$187.50
5/20/2026, 11:04:05 PM
2026-06-05
$195.00
5/20/2026, 11:04:05 PM
2026-06-12
$195.00
5/20/2026, 11:04:05 PM
2026-06-18
$200.00
5/20/2026, 11:04:05 PM
2026-06-26
$185.00
5/20/2026, 11:04:05 PM
2026-07-17
$185.00
5/20/2026, 11:04:05 PM
2026-09-18
$200.00
5/20/2026, 11:04:05 PM
2026-12-18
$200.00
5/20/2026, 11:04:05 PM
2027-01-15
$210.00
5/20/2026, 11:04:05 PM
2027-03-19
$220.00
5/20/2026, 11:04:05 PM
Selected expiration: 2026-05-22 at max pain $185.00.
COF pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
110
0
27062500
27062500
130
0
18988500
18988500
135
0
16974000
16974000
140
0
14960000
14960000
145
0
12953000
12953000
150
0
10948500
10948500
155
500
8949500
8950000
160
1000
6955000
6956000
165
1500
4970500
4972000
167.5
1750
3990500
3992250
170
2000
3023750
3025750
172.5
2750
2204000
2206750
175
5750
1412250
1418000
177.5
16250
741000
757250
180
26750
445500
472250
182.5
62500
291750
354250
185
124500
170500
295000
187.5
289500
105750
395250
190
683000
58250
741250
192.5
1612500
35750
1648250
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.