thetaOwl

DUK

Duke Energy Corporation (HoldinClose $123.81EOD only
Max Pain
$125.00
Next expiry Jun 18, 2026
Expected Move
±$5.22
4.2% from close
Price Gap
+1.19
Distance to max pain
IV Rank
5
Low premium
P/C OI
0.60
Slightly call-heavy
Consensus
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects DUK 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 — DUK
Data as of market close May 20, 2026

Nearest listed expiration 2026-06-18 shows max pain at $125.00 (1.19 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$125.00
Nearest expiry
Expected Move
±$5.22
±4.2%
Days to Expiry
29
Calendar days
Total Call OI
17,044
Nearest expiry
Total Put OI
10,370
Nearest expiry
P/C OI Ratio
0.61
Put-heavy
Spot Price
$123.81
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-06-18
ExpirationMax Pain StrikeLast Updated
2026-04-17$125.004/17/2026, 11:09:00 PM
2026-05-15$130.005/15/2026, 11:15:01 PM
2026-06-18NextUpdated$125.005/20/2026, 11:09:56 PM
2026-07-17$125.005/20/2026, 11:09:56 PM
2026-09-18$120.005/20/2026, 11:09:56 PM
2026-10-16$125.005/20/2026, 11:09:56 PM
2026-12-18$120.005/20/2026, 11:09:56 PM
2027-01-15$120.005/20/2026, 11:09:56 PM
2027-03-19$125.005/20/2026, 11:09:56 PM
Selected expiration: 2026-06-18 at max pain $125.00.
DUK pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
5006000400060004000
5505483450054834500
6004970950049709500
6504467450044674500
7015003968400039685500
7530003549950035502500
8045003139150031396000
85270002729250027319500
90510002323850023289500
95750001919300019268000
1001315001520650015338000
1052155001136600011581500
11029950076635007963000
11538350042605004644000
12061850020685002687000
12511565006765001833000
130326300040003267000
135793300010007934000
14015088000015088000
14523206500023206500
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.