thetaOwl

CSCO

Cisco Systems, Inc.Close $115.38EOD only
Max Pain
$106.00
Next expiry May 22, 2026
Expected Move
±$3.67
3.2% from close
Price Gap
-9.38
Distance to max pain
IV Rank
33
Middle-high premium
P/C OI
0.68
Slightly call-heavy
Consensus
No reports available
Published snapshot: May 19, 2026 close
End-of-day snapshot

This page reflects CSCO options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 19, 2026 close
Max Pain — CSCO
Data as of market close May 19, 2026

Nearest listed expiration 2026-05-22 shows max pain at $106.00 (9.38 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$106.00
Nearest expiry
Expected Move
±$3.67
±3.2%
Days to Expiry
3
Calendar days
Total Call OI
47,740
Nearest expiry
Total Put OI
22,042
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$115.38
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$90.005/8/2026, 11:09:39 PM
2026-05-15$95.005/15/2026, 11:10:07 PM
2026-05-22NextUpdated$106.005/19/2026, 11:09:46 PM
2026-05-29$100.005/19/2026, 11:09:46 PM
2026-06-05$100.005/19/2026, 11:09:46 PM
2026-06-12$99.005/19/2026, 11:09:46 PM
2026-06-18$80.005/19/2026, 11:09:46 PM
2026-06-26$100.005/19/2026, 11:09:46 PM
2026-07-17$85.005/19/2026, 11:09:46 PM
2026-08-21$100.005/19/2026, 11:09:46 PM
2026-09-18$80.005/19/2026, 11:09:46 PM
2026-10-16$82.505/19/2026, 11:09:46 PM
2026-12-18$75.005/19/2026, 11:09:46 PM
2027-01-15$75.005/19/2026, 11:09:46 PM
2027-03-19$90.005/19/2026, 11:09:46 PM
Selected expiration: 2026-05-22 at max pain $106.00.
CSCO pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
450125639600125639600
500114623100114623100
6009259110092591100
655008157560081576100
666007937290079373500
677007717100077171700
688007497170074972500
699007277340072774300
7010007058260070583600
7166006839910068405700
72122006621650066228700
73178006403500064052800
74234006185550061878900
75301005967820059708300
76375005752770057565200
77450005537790055422900
78532005322960053282800
79634005108480051148200
80742004894130049015500
811978004681320047011000
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.