thetaOwl

COST

Costco Wholesale CorporationClose $1074.01EOD only
Max Pain
$1040.00
Next expiry May 22, 2026
Expected Move
±$18.07
1.7% from close
Price Gap
-34.01
Distance to max pain
IV Rank
67
High premium
P/C OI
1.43
Slightly put-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects COST 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 — COST
Data as of market close May 20, 2026

Nearest listed expiration 2026-05-22 shows max pain at $1040.00 (34.01 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$1040.00
Nearest expiry
Expected Move
±$18.07
±1.7%
Days to Expiry
2
Calendar days
Total Call OI
14,894
Nearest expiry
Total Put OI
40,176
Nearest expiry
P/C OI Ratio
2.70
Put-heavy
Spot Price
$1074.01
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$1000.005/8/2026, 11:10:06 PM
2026-05-15$992.505/15/2026, 11:08:59 PM
2026-05-22NextUpdated$1040.005/20/2026, 11:07:03 PM
2026-05-29$1025.005/20/2026, 11:07:03 PM
2026-06-05$1010.005/20/2026, 11:07:03 PM
2026-06-12$1035.005/20/2026, 11:07:03 PM
2026-06-18$990.005/20/2026, 11:07:03 PM
2026-06-26$1020.005/20/2026, 11:07:03 PM
2026-07-17$995.005/20/2026, 11:07:03 PM
2026-08-21$960.005/20/2026, 11:07:03 PM
2026-09-18$920.005/20/2026, 11:07:03 PM
2026-10-16$1000.005/20/2026, 11:07:03 PM
2026-11-20$960.005/20/2026, 11:07:03 PM
2026-12-18$940.005/20/2026, 11:07:03 PM
2027-01-15$920.005/20/2026, 11:07:03 PM
2027-03-19$980.005/20/2026, 11:07:03 PM
Selected expiration: 2026-05-22 at max pain $1040.00.
COST pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
5400962072000962072000
5503000922281000922284000
5608000882922000882930000
57013000844138000844151000
58018000807889000807907000
59023000772372000772395000
60028000737648000737676000
61033000703826000703859000
62039000671328000671367000
63046000639915000639961000
64053000609631000609684000
65060000580112000580172000
66068000550833000550901000
67076000521855000521931000
68084000497784000497868000
69092000474611000474703000
700100000452269000452369000
710108000431142000431250000
720116000410495000410611000
735128000381795500381923500
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.