This page reflects FIVN 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 — FIVN
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $20.00 (2.29 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$20.00
Nearest expiry
Expected Move
±$3.77
±16.9%
Days to Expiry
29
Calendar days
Total Call OI
8,381
Nearest expiry
Total Put OI
1,374
Nearest expiry
P/C OI Ratio
0.16
Put-heavy
Spot Price
$22.29
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
$15.00
4/17/2026, 11:12:06 PM
2026-05-15
$17.50
5/15/2026, 11:15:26 PM
2026-06-18NextUpdated
$20.00
5/20/2026, 11:12:56 PM
2026-07-17
$20.00
5/20/2026, 11:12:56 PM
2026-10-16
$17.50
5/20/2026, 11:12:56 PM
2027-01-15
$20.00
5/20/2026, 11:12:56 PM
Selected expiration: 2026-06-18 at max pain $20.00.
FIVN pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
2541250
2541250
7.5
1000
1855250
1856250
10
1750
1512250
1514000
12.5
2500
1169500
1172000
15
4500
826750
831250
17.5
8500
497250
505750
20
106000
217500
323500
22.5
523000
38250
561250
25
1469750
1000
1470750
27.5
3237000
500
3237500
30
5265750
250
5266000
32.5
7351000
0
7351000
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.