This page reflects DXPE 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 — DXPE
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $140.00 (6.67 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$140.00
Nearest expiry
Expected Move
±$16.10
±11.0%
Days to Expiry
29
Calendar days
Total Call OI
50
Nearest expiry
Total Put OI
19
Nearest expiry
P/C OI Ratio
0.38
Put-heavy
Spot Price
$146.67
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
$130.00
4/17/2026, 11:10:29 PM
2026-05-15
$105.00
5/15/2026, 11:12:50 PM
2026-06-18NextUpdated
$140.00
5/20/2026, 11:13:35 PM
2026-08-21
$110.00
5/20/2026, 11:13:35 PM
2026-11-20
$120.00
5/20/2026, 11:13:35 PM
Selected expiration: 2026-06-18 at max pain $140.00.
DXPE pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
110
0
62500
62500
115
0
53500
53500
120
0
45500
45500
125
0
38000
38000
130
0
31000
31000
135
500
24000
24500
140
1000
17500
18500
145
8000
11000
19000
150
16500
8000
24500
155
31000
5000
36000
160
45500
3500
49000
165
61000
2000
63000
170
78000
1000
79000
175
95000
0
95000
180
114000
0
114000
190
154000
0
154000
195
174500
0
174500
200
196000
0
196000
210
240000
0
240000
220
287000
0
287000
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.