This page reflects DXC 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 — DXC
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $9.00 (0.10 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$9.00
Nearest expiry
Expected Move
±$1.35
±14.8%
Days to Expiry
29
Calendar days
Total Call OI
4,172
Nearest expiry
Total Put OI
2,908
Nearest expiry
P/C OI Ratio
0.70
Put-heavy
Spot Price
$9.10
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
$13.00
4/17/2026, 11:10:31 PM
2026-05-15
$11.00
5/15/2026, 11:13:12 PM
2026-06-18NextUpdated
$9.00
5/20/2026, 11:09:50 PM
2026-07-17
$8.00
5/20/2026, 11:09:50 PM
2026-09-18
$9.00
5/20/2026, 11:09:50 PM
2026-12-18
$9.00
5/20/2026, 11:09:50 PM
2027-01-15
$13.00
5/20/2026, 11:09:50 PM
Selected expiration: 2026-06-18 at max pain $9.00.
DXC pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
2521400
2521400
2
16500
2232100
2248600
3
33000
1942800
1975800
5
66200
1364200
1430400
6
83000
1074900
1157900
7
100300
785600
885900
8
117700
513300
631000
9
216500
310000
526500
10
447200
209300
656500
11
729200
114300
843500
12
1042100
26100
1068200
13
1374800
17200
1392000
14
1717400
8600
1726000
15
2078700
0
2078700
16
2464400
0
2464400
17
2859500
0
2859500
18
3257700
0
3257700
19
3655900
0
3655900
20
4059500
0
4059500
21
4475000
0
4475000
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.