thetaOwl

GLW

Corning IncorporatedClose $180.69EOD only
Max Pain
$182.50
Next expiry May 22, 2026
Expected Move
±$10.38
5.7% from close
Price Gap
+1.81
Distance to max pain
IV Rank
23
Low premium
P/C OI
0.73
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 20, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-05-22 shows max pain at $182.50 (1.81 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$182.50
Nearest expiry
Expected Move
±$10.38
±5.7%
Days to Expiry
2
Calendar days
Total Call OI
26,657
Nearest expiry
Total Put OI
21,113
Nearest expiry
P/C OI Ratio
0.79
Put-heavy
Spot Price
$180.69
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$167.505/8/2026, 11:16:15 PM
2026-05-15$170.005/15/2026, 11:18:02 PM
2026-05-22NextUpdated$182.505/20/2026, 11:14:01 PM
2026-05-29$190.005/20/2026, 11:14:01 PM
2026-06-05$172.505/20/2026, 11:14:01 PM
2026-06-12$180.005/20/2026, 11:14:01 PM
2026-06-18$135.005/20/2026, 11:14:01 PM
2026-06-26$187.505/20/2026, 11:14:01 PM
2026-07-17$175.005/20/2026, 11:14:01 PM
2026-08-21$135.005/20/2026, 11:14:01 PM
2026-09-18$145.005/20/2026, 11:14:01 PM
2026-11-20$180.005/20/2026, 11:14:01 PM
2026-12-18$105.005/20/2026, 11:14:01 PM
2027-01-15$80.005/20/2026, 11:14:01 PM
2027-03-19$140.005/20/2026, 11:14:01 PM
Selected expiration: 2026-05-22 at max pain $182.50.
GLW pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
800164899400164899400
850154344400154344400
902000143816400143818400
955000133290900133295900
1008500122909900122918400
10521500112697900112719400
11034500102634900102669400
115490009270990092758900
120735008294340083016900
123888007720650077295300
124939007529620075390100
125993007338590073485200
1271107006961550069726200
1281169006773030067847200
1291235006584510065968600
1301303006396780064098100
1311386006212220062260800
1321471006027800060425100
1331569005843480058591700
1341668005659720056764000
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.