Trump Media & Technology Group Close $8.06EOD only
Max Pain
$8.50
Next expiry May 22, 2026
Expected Move
±$0.34
4.2% from close
Price Gap
+0.44
Distance to max pain
IV Rank
57
Middle-high premium
P/C OI
0.79
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects DJT 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 — DJT
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $8.50 (0.44 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$8.50
Nearest expiry
Expected Move
±$0.34
±4.2%
Days to Expiry
2
Calendar days
Total Call OI
16,251
Nearest expiry
Total Put OI
3,819
Nearest expiry
P/C OI Ratio
0.24
Put-heavy
Spot Price
$8.06
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
$9.00
5/8/2026, 11:08:54 PM
2026-05-15
$9.00
5/15/2026, 11:13:47 PM
2026-05-22NextUpdated
$8.50
5/20/2026, 11:12:25 PM
2026-05-29
$9.00
5/20/2026, 11:12:25 PM
2026-06-05
$9.00
5/20/2026, 11:12:25 PM
2026-06-12
$8.50
5/20/2026, 11:12:25 PM
2026-06-18
$12.00
5/20/2026, 11:12:25 PM
2026-06-26
$9.00
5/20/2026, 11:12:25 PM
2026-07-17
$10.00
5/20/2026, 11:12:25 PM
2026-09-18
$10.00
5/20/2026, 11:12:25 PM
2026-10-16
$8.00
5/20/2026, 11:12:25 PM
2026-11-20
$12.00
5/20/2026, 11:12:25 PM
2026-12-18
$10.00
5/20/2026, 11:12:25 PM
2027-01-15
$15.00
5/20/2026, 11:12:25 PM
Selected expiration: 2026-05-22 at max pain $8.50.
DJT pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
4
0
1488450
1488450
5
600
1106650
1107250
5.5
2650
926750
929400
6
5950
746950
752900
6.5
9600
567150
576750
7
13500
387950
401450
7.5
17900
227900
245800
8
25200
112600
137800
8.5
42950
52100
95050
9
104250
33350
137600
9.5
628400
23750
652150
10
1262750
16150
1278900
10.5
1955750
11200
1966950
11
2668100
9250
2677350
11.5
3422200
7500
3429700
12
4179300
5900
4185200
12.5
4956800
4500
4961300
13
5741550
3450
5745000
13.5
6530450
2600
6533050
14
7319850
1850
7321700
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.