This page reflects EOG 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 — EOG
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $134.00 (7.63 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$134.00
Nearest expiry
Expected Move
±$3.60
±2.5%
Days to Expiry
2
Calendar days
Total Call OI
2,219
Nearest expiry
Total Put OI
1,389
Nearest expiry
P/C OI Ratio
0.63
Put-heavy
Spot Price
$141.63
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$131.00
5/8/2026, 11:13:28 PM
2026-05-15
$130.00
5/15/2026, 11:13:52 PM
2026-05-22NextUpdated
$134.00
5/20/2026, 11:13:58 PM
2026-05-29
$136.00
5/20/2026, 11:13:58 PM
2026-06-05
$126.00
5/20/2026, 11:13:58 PM
2026-06-12
$130.00
5/20/2026, 11:13:58 PM
2026-06-18
$125.00
5/20/2026, 11:13:58 PM
2026-06-26
$139.00
5/20/2026, 11:13:58 PM
2026-07-17
$135.00
5/20/2026, 11:13:58 PM
2026-09-18
$130.00
5/20/2026, 11:13:58 PM
2026-10-16
$125.00
5/20/2026, 11:13:58 PM
2026-12-18
$120.00
5/20/2026, 11:13:58 PM
2027-01-15
$125.00
5/20/2026, 11:13:58 PM
2027-03-19
$125.00
5/20/2026, 11:13:58 PM
Selected expiration: 2026-05-22 at max pain $134.00.
EOG pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
100
0
3566700
3566700
110
5000
2177700
2182700
115
7500
1508200
1515700
116
8200
1375100
1383300
117
8900
1242200
1251100
118
9600
1109500
1119100
119
10300
977100
987400
120
11000
869800
880800
121
12100
774300
786400
122
13400
679300
692700
123
15000
584800
599800
124
20400
539800
560200
125
29400
496000
525400
126
38600
455200
493800
127
48900
415600
464500
128
61700
376100
437800
129
74700
337500
412200
130
88000
302100
390100
131
103000
268000
371000
132
119200
235900
355100
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.