This page reflects DINO 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 — DINO
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $65.00 (6.12 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$65.00
Nearest expiry
Expected Move
±$7.63
±10.7%
Days to Expiry
29
Calendar days
Total Call OI
11,380
Nearest expiry
Total Put OI
11,498
Nearest expiry
P/C OI Ratio
1.01
Put-heavy
Spot Price
$71.12
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
$55.00
4/17/2026, 11:09:45 PM
2026-05-15
$70.00
5/15/2026, 11:13:55 PM
2026-06-18NextUpdated
$65.00
5/20/2026, 11:09:41 PM
2026-07-17
$67.50
5/20/2026, 11:09:41 PM
2026-09-18
$65.00
5/20/2026, 11:09:41 PM
2026-12-18
$62.50
5/20/2026, 11:09:41 PM
2027-01-15
$60.00
5/20/2026, 11:09:41 PM
Selected expiration: 2026-06-18 at max pain $65.00.
DINO pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
22.5
0
35176000
35176000
27.5
0
29427500
29427500
30
0
27015750
27015750
32.5
0
24614500
24614500
35
0
22297000
22297000
37.5
0
19979500
19979500
40
250
17662000
17662250
42.5
2000
15383750
15385750
45
3750
13233500
13237250
47.5
5500
11436750
11442250
50
7250
9649750
9657000
52.5
94250
7901000
7995250
55
181500
6169250
6350750
57.5
269500
4475000
4744500
60
372250
2981250
3353500
62.5
816500
1693000
2509500
65
1399000
533500
1932500
67.5
2160750
171000
2331750
70
2984500
76250
3060750
72.5
4068750
23250
4092000
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.