This page reflects EPAM 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 — EPAM
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $100.00 (4.30 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$12.25
±11.7%
Days to Expiry
29
Calendar days
Total Call OI
550
Nearest expiry
Total Put OI
822
Nearest expiry
P/C OI Ratio
1.49
Put-heavy
Spot Price
$104.30
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
$125.00
4/17/2026, 11:10:41 PM
2026-05-15
$105.00
5/15/2026, 11:13:33 PM
2026-06-18NextUpdated
$100.00
5/20/2026, 11:13:34 PM
2026-07-17
$120.00
5/20/2026, 11:13:34 PM
2026-10-16
$115.00
5/20/2026, 11:13:34 PM
2026-12-18
$130.00
5/20/2026, 11:13:34 PM
2027-01-15
$115.00
5/20/2026, 11:13:34 PM
Selected expiration: 2026-06-18 at max pain $100.00.
EPAM pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
2185500
2185500
70
0
1779000
1779000
75
0
1381000
1381000
80
0
997500
997500
85
2000
631500
633500
90
4500
301500
306000
95
15500
201500
217000
100
36000
125000
161000
105
89500
71500
161000
110
167500
34500
202000
115
302000
17500
319500
120
471500
8000
479500
125
695000
5000
700000
130
931500
3000
934500
135
1186000
1500
1187500
140
1442000
1000
1443000
150
1963000
0
1963000
155
2225000
0
2225000
170
3018500
0
3018500
175
3286000
0
3286000
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.