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DIS

Walt Disney Company (The)Close $104.08EOD only
Max Pain
$104.00
Next expiry May 22, 2026
Expected Move
±$1.91
1.8% from close
Price Gap
-0.08
Distance to max pain
IV Rank
1
Low premium
P/C OI
0.78
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects DIS 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 — DIS
Data as of market close May 20, 2026
Open Available Reports (4/4)

Nearest listed expiration 2026-05-22 shows max pain at $104.00 (0.08 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$104.00
Nearest expiry
Expected Move
±$1.91
±1.8%
Days to Expiry
2
Calendar days
Total Call OI
16,594
Nearest expiry
Total Put OI
10,981
Nearest expiry
P/C OI Ratio
0.66
Put-heavy
Spot Price
$104.08
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$104.005/8/2026, 11:10:18 PM
2026-05-15$105.005/15/2026, 11:13:53 PM
2026-05-22NextUpdated$104.005/20/2026, 11:09:39 PM
2026-05-29$105.005/20/2026, 11:09:39 PM
2026-06-05$104.005/20/2026, 11:09:39 PM
2026-06-12$101.005/20/2026, 11:09:39 PM
2026-06-18$105.005/20/2026, 11:09:39 PM
2026-06-26$101.005/20/2026, 11:09:39 PM
2026-07-17$105.005/20/2026, 11:09:39 PM
2026-08-21$105.005/20/2026, 11:09:39 PM
2026-09-18$110.005/20/2026, 11:09:39 PM
2026-10-16$100.005/20/2026, 11:09:39 PM
2026-11-20$105.005/20/2026, 11:09:39 PM
2026-12-18$105.005/20/2026, 11:09:39 PM
2027-01-15$100.005/20/2026, 11:09:39 PM
2027-03-19$100.005/20/2026, 11:09:39 PM
Selected expiration: 2026-05-22 at max pain $104.00.
DIS pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
6503748210037482100
7010003199210031993100
7530002650210026505100
8090002101610021025100
84282001663650016664700
85336001554320015576800
86398001445580014495600
87470001336910013416100
88618001228370012345500
89841001120490011289000
901075001012920010236700
9113840091226009261000
9217020081176008287800
9320340071185007321900
9423660061775006414100
9527120052495005520700
9630640043419004648300
9734340035092003852600
9838230027496003131900
9942840020868002515200
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.