This page reflects GILD 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 — GILD
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $131.00 (0.31 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$131.00
Nearest expiry
Expected Move
±$2.31
±1.8%
Days to Expiry
2
Calendar days
Total Call OI
2,874
Nearest expiry
Total Put OI
1,178
Nearest expiry
P/C OI Ratio
0.41
Put-heavy
Spot Price
$130.69
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$132.00
5/8/2026, 11:15:18 PM
2026-05-15
$133.00
5/15/2026, 11:16:29 PM
2026-05-22NextUpdated
$131.00
5/20/2026, 11:14:04 PM
2026-05-29
$131.00
5/20/2026, 11:14:04 PM
2026-06-05
$134.00
5/20/2026, 11:14:04 PM
2026-06-12
$131.00
5/20/2026, 11:14:04 PM
2026-06-18
$130.00
5/20/2026, 11:14:04 PM
2026-06-26
$136.00
5/20/2026, 11:14:04 PM
2026-07-17
$130.00
5/20/2026, 11:14:04 PM
2026-08-21
$130.00
5/20/2026, 11:14:04 PM
2026-09-18
$135.00
5/20/2026, 11:14:04 PM
2026-11-20
$125.00
5/20/2026, 11:14:04 PM
2026-12-18
$130.00
5/20/2026, 11:14:04 PM
2027-01-15
$105.00
5/20/2026, 11:14:04 PM
2027-03-19
$135.00
5/20/2026, 11:14:04 PM
Selected expiration: 2026-05-22 at max pain $131.00.
GILD pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
105
0
2917200
2917200
110
0
2329200
2329200
111
100
2211600
2211700
112
300
2094000
2094300
113
500
1976500
1977000
115
900
1741700
1742600
117
1300
1511500
1512800
118
3800
1396400
1400200
119
15200
1281400
1296600
120
35700
1166800
1202500
121
56400
1053000
1109400
122
78600
939500
1018100
123
102300
826900
929200
124
126000
716700
842700
125
149700
607100
756800
126
173700
502800
676500
127
197800
399300
597100
128
222200
303100
525300
129
247100
212500
459600
130
291200
136400
427600
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.