This page reflects FITB 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 — FITB
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $47.00 (1.86 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$47.00
Nearest expiry
Expected Move
±$3.20
±6.5%
Days to Expiry
29
Calendar days
Total Call OI
16,374
Nearest expiry
Total Put OI
15,074
Nearest expiry
P/C OI Ratio
0.92
Put-heavy
Spot Price
$48.86
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
$46.00
4/17/2026, 11:11:50 PM
2026-05-15
$46.00
5/15/2026, 11:12:34 PM
2026-06-18NextUpdated
$47.00
5/20/2026, 11:12:55 PM
2026-07-17
$47.00
5/20/2026, 11:12:55 PM
2026-08-21
$46.00
5/20/2026, 11:12:55 PM
2026-09-18
$45.00
5/20/2026, 11:12:55 PM
2026-11-20
$48.00
5/20/2026, 11:12:55 PM
2026-12-18
$47.00
5/20/2026, 11:12:55 PM
2027-01-15
$45.00
5/20/2026, 11:12:55 PM
2027-03-19
$50.00
5/20/2026, 11:12:55 PM
Selected expiration: 2026-06-18 at max pain $47.00.
FITB pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
34329800
34329800
23
0
29807600
29807600
25
0
26793200
26793200
28
0
22307300
22307300
30
0
19340700
19340700
33
1200
14896800
14898000
35
2000
11947200
11949200
38
22700
7545900
7568600
40
36500
4626700
4663200
41
69100
3235000
3304100
42
101700
1844100
1945800
43
203400
1477800
1681200
44
306100
1115200
1421300
45
426200
753600
1179800
46
588600
509500
1098100
47
751800
274500
1026300
48
1018700
173300
1192000
49
1337400
81500
1418900
50
1679800
4000
1683800
55
8977800
1000
8978800
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.