This page reflects COMP 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 — COMP
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $8.00 (0.34 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$8.00
Nearest expiry
Expected Move
±$1.30
±15.6%
Days to Expiry
29
Calendar days
Total Call OI
17,509
Nearest expiry
Total Put OI
4,859
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$8.34
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
$7.00
4/17/2026, 11:08:51 PM
2026-05-15
$8.00
5/15/2026, 11:08:28 PM
2026-06-18NextUpdated
$8.00
5/20/2026, 11:08:49 PM
2026-08-21
$9.00
5/20/2026, 11:08:49 PM
2026-11-20
$7.00
5/20/2026, 11:08:49 PM
2027-01-15
$9.00
5/20/2026, 11:08:49 PM
Selected expiration: 2026-06-18 at max pain $8.00.
COMP pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
3350100
3350100
2
200
2864200
2864400
3
3100
2378300
2381400
4
6300
1892400
1898700
5
9900
1406500
1416400
6
28100
921600
949700
7
46300
572600
618900
8
115200
312700
427900
9
543400
202400
745800
10
1393200
123500
1516700
11
2326800
58200
2385000
12
3325300
7800
3333100
13
4450200
2700
4452900
14
5674000
1100
5675100
15
6961300
600
6961900
16
8344500
500
8345000
17
10073800
400
10074200
18
11803100
300
11803400
19
13544700
200
13544900
20
15286300
100
15286400
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.