The Descartes Systems Group IncClose $72.51EOD only
Max Pain
$75.00
Next expiry Jun 18, 2026
Expected Move
±$8.38
11.6% from close
Price Gap
+2.49
Distance to max pain
IV Rank
51
Middle-high premium
P/C OI
0.12
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects DSGX 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 — DSGX
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $75.00 (2.49 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$8.38
±11.6%
Days to Expiry
29
Calendar days
Total Call OI
2,877
Nearest expiry
Total Put OI
60
Nearest expiry
P/C OI Ratio
0.02
Put-heavy
Spot Price
$72.51
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
$70.00
4/17/2026, 11:10:24 PM
2026-05-15
$70.00
5/15/2026, 11:13:29 PM
2026-06-18NextUpdated
$75.00
5/20/2026, 11:11:05 PM
2026-09-18
$75.00
5/20/2026, 11:11:05 PM
2026-12-18
$60.00
5/20/2026, 11:11:05 PM
Selected expiration: 2026-06-18 at max pain $75.00.
DSGX pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
111500
111500
55
2000
81500
83500
60
4000
52500
56500
65
7000
29500
36500
70
11500
15500
27000
75
18500
6500
25000
80
47500
1000
48500
85
101500
500
102000
90
843000
0
843000
95
2273000
0
2273000
100
3710000
0
3710000
105
5147000
0
5147000
120
9458000
0
9458000
125
10896000
0
10896000
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.