What is CRWD max pain this week?

CRWD max pain for the nearest expiration (2026-05-22) is $557.50. Total call open interest: 11,607. Total put open interest: 12,876.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options CRWDMax Pain

CRWD

CrowdStrike Holdings, Inc.Close $650.11EOD only

Max Pain

$557.50

Next expiry May 22, 2026

Expected Move

±$16.93

2.6% from close

Price Gap

-92.61

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.96

Balanced positioning

Consensus

4/4

Partial coverage

Published snapshot: May 20, 2026 close

End-of-day snapshot

This page reflects CRWD 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 — CRWD

Data as of market close May 20, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-05-22 shows max pain at $557.50 (92.61 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$557.50

Nearest expiry

Expected Move

±$16.93

±2.6%

Days to Expiry

Calendar days

Total Call OI

11,607

Nearest expiry

Total Put OI

12,876

Nearest expiry

P/C OI Ratio

1.11

Put-heavy

Spot Price

$650.11

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	$457.50	5/8/2026, 11:08:50 PM
2026-05-15	$467.50	5/15/2026, 11:09:00 PM
2026-05-22NextUpdated	$557.50	5/20/2026, 11:09:56 PM
2026-05-29	$500.00	5/20/2026, 11:09:56 PM
2026-06-05	$505.00	5/20/2026, 11:09:56 PM
2026-06-12	$495.00	5/20/2026, 11:09:56 PM
2026-06-18	$450.00	5/20/2026, 11:09:56 PM
2026-06-26	$540.00	5/20/2026, 11:09:56 PM
2026-07-17	$470.00	5/20/2026, 11:09:56 PM
2026-08-21	$450.00	5/20/2026, 11:09:56 PM
2026-09-18	$450.00	5/20/2026, 11:09:56 PM
2026-10-16	$430.00	5/20/2026, 11:09:56 PM
2026-11-20	$440.00	5/20/2026, 11:09:56 PM
2026-12-18	$400.00	5/20/2026, 11:09:56 PM
2027-01-15	$430.00	5/20/2026, 11:09:56 PM
2027-03-19	$410.00	5/20/2026, 11:09:56 PM

Selected expiration: 2026-05-22 at max pain $557.50.

CRWD pain by strike for 2026-05-22 expiration
Strike	Call Pain	Put Pain	Total Pain
230	0	335828250	335828250
240	0	323242250	323242250
250	0	310721250	310721250
270	6000	285679250	285685250
280	9000	273187250	273196250
290	12000	260723250	260735250
295	13500	254562250	254575750
300	15000	248445250	248460250
305	17500	242389750	242407250
310	20000	236339750	236359750
315	24000	230298250	230322250
320	29000	224281750	224310750
325	36000	218303750	218339750
330	43000	212396250	212439250
335	53000	206538750	206591750
340	63000	200713250	200776250
345	76500	194944250	195020750
350	90000	189200750	189290750
355	103500	183494250	183597750
360	121500	177806750	177928250

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.