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EEM

iShares MSCI Emerging Markets ETFClose $64.26EOD only
Max Pain
$64.50
Next expiry May 22, 2026
Expected Move
±$1.66
2.6% from close
Price Gap
+0.24
Distance to max pain
IV Rank
35
Middle-high premium
P/C OI
1.73
Slightly put-heavy
Consensus
5.0/10
Range bias
Published snapshot: May 19, 2026 close
End-of-day snapshot

This page reflects EEM options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 19, 2026 close
Max Pain — EEM
Data as of market close May 19, 2026
Open Directional Report

Nearest listed expiration 2026-05-22 shows max pain at $64.50 (0.24 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$64.50
Nearest expiry
Expected Move
±$1.66
±2.6%
Days to Expiry
3
Calendar days
Total Call OI
41,127
Nearest expiry
Total Put OI
27,447
Nearest expiry
P/C OI Ratio
0.67
Put-heavy
Spot Price
$64.26
Published close
Consensus
5.0/10
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$64.505/8/2026, 11:11:52 PM
2026-05-15$62.005/15/2026, 11:11:27 PM
2026-05-22NextUpdated$64.505/19/2026, 11:12:38 PM
2026-05-29$66.005/19/2026, 11:12:38 PM
2026-06-05$65.005/19/2026, 11:12:38 PM
2026-06-12$66.005/19/2026, 11:12:38 PM
2026-06-18$60.005/19/2026, 11:12:38 PM
2026-06-26$66.005/19/2026, 11:12:38 PM
2026-06-30$60.005/19/2026, 11:12:38 PM
2026-07-17$65.005/19/2026, 11:12:38 PM
2026-08-21$66.005/19/2026, 11:12:38 PM
2026-09-18$62.005/19/2026, 11:12:38 PM
2026-09-30$57.005/19/2026, 11:12:38 PM
2026-10-16$62.005/19/2026, 11:12:38 PM
2026-11-20$65.005/19/2026, 11:12:38 PM
2026-12-18$64.005/19/2026, 11:12:38 PM
2026-12-31$58.005/19/2026, 11:12:38 PM
2027-01-15$63.005/19/2026, 11:12:38 PM
2027-03-19$65.005/19/2026, 11:12:38 PM
2027-03-31$60.005/19/2026, 11:12:38 PM
Selected expiration: 2026-05-22 at max pain $64.50.
EEM pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
3507870370078703700
4505125770051257700
5090003753470037543700
51108003479030034801100
51.5117003341820033429900
52126003204615032058750
52.5139003067415030688050
53160002930220029318200
53.5186002793035027948950
54215002655850026580000
55273002381540023842700
55.5302002244410022474300
56332002107280021106000
56.5363501970160019737950
57398001833110018370900
57.5437501696170017005450
58482501561375015662000
58.5529501427560014328550
59585001293770012996200
59.5643001163080011695100
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.