thetaOwl

FUTU

Futu Holdings LimitedClose $124.72EOD only
Max Pain
$147.45
Next expiry May 22, 2026
Expected Move
±$5.38
4.3% from close
Price Gap
+22.73
Distance to max pain
IV Rank
100
High premium
P/C OI
2.01
Slightly put-heavy
Consensus
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects FUTU 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 — FUTU
Data as of market close May 20, 2026

Nearest listed expiration 2026-05-22 shows max pain at $147.45 (22.73 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$147.45
Nearest expiry
Expected Move
±$5.38
±4.3%
Days to Expiry
2
Calendar days
Total Call OI
4,343
Nearest expiry
Total Put OI
16,910
Nearest expiry
P/C OI Ratio
3.89
Put-heavy
Spot Price
$124.72
Published close
Consensus
-
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$150.005/8/2026, 11:13:51 PM
2026-05-15$150.005/15/2026, 11:16:16 PM
2026-05-22NextUpdated$147.455/20/2026, 11:13:54 PM
2026-05-29$147.455/20/2026, 11:13:54 PM
2026-06-05$143.005/20/2026, 11:13:54 PM
2026-06-12$170.005/20/2026, 11:13:54 PM
2026-06-18$157.455/20/2026, 11:13:54 PM
2026-06-26$142.005/20/2026, 11:13:54 PM
2026-07-17$135.005/20/2026, 11:13:54 PM
2026-08-21$152.455/20/2026, 11:13:54 PM
2026-09-18$147.455/20/2026, 11:13:54 PM
2026-11-20$140.005/20/2026, 11:13:54 PM
2027-01-15$147.455/20/2026, 11:13:54 PM
Selected expiration: 2026-05-22 at max pain $147.45.
FUTU pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
72.4509520002095200020
77.4510008674502086746020
82.4520007830902078311020
87.4530006991102069914020
92.4540006155202061556020
97.4555005347152053477020
10065204938591049392430
102.4575004546125545468755
107.4595003772375537733255
110107753379624533807020
112.45120003002300030035000
115270452631147526338520
117.45417452274550022787245
122.45892451700850017097745
125.451267451377300013899745
126.451462451280890012955145
127.451685451185130012019845
1281884551145117511639630
128.452048801112389011328770
1292273751072514010952515
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.