This page reflects FVRR 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 — FVRR
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $11.00 (0.24 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$11.00
Nearest expiry
Expected Move
±$1.40
±13.0%
Days to Expiry
29
Calendar days
Total Call OI
5,299
Nearest expiry
Total Put OI
2,173
Nearest expiry
P/C OI Ratio
0.41
Put-heavy
Spot Price
$10.76
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
$11.00
4/17/2026, 11:13:22 PM
2026-05-15
$11.00
5/15/2026, 11:13:44 PM
2026-06-18NextUpdated
$11.00
5/20/2026, 11:14:10 PM
2026-07-17
$12.00
5/20/2026, 11:14:10 PM
2026-10-16
$10.00
5/20/2026, 11:14:10 PM
2026-11-20
$12.00
5/20/2026, 11:14:10 PM
2027-01-15
$15.00
5/20/2026, 11:14:10 PM
2027-03-19
$10.00
5/20/2026, 11:14:10 PM
Selected expiration: 2026-06-18 at max pain $11.00.
FVRR pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
6
0
869200
869200
7
0
651900
651900
8
0
434800
434800
9
600
221400
222000
10
4300
40200
44500
11
38400
5500
43900
12
105100
300
105400
13
521100
200
521300
14
980300
100
980400
15
1500100
0
1500100
16
2026500
0
2026500
17
2556300
0
2556300
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.