This page reflects GME options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 19, 2026 close
Max Pain — GME
Data as of market close May 19, 2026
Nearest listed expiration 2026-05-22 shows max pain at $22.50 (0.40 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$22.50
Nearest expiry
Expected Move
±$0.67
±3.0%
Days to Expiry
3
Calendar days
Total Call OI
106,237
Nearest expiry
Total Put OI
31,317
Nearest expiry
P/C OI Ratio
0.29
Put-heavy
Spot Price
$22.10
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
$24.00
5/8/2026, 11:14:32 PM
2026-05-15
$23.00
5/15/2026, 11:16:27 PM
2026-05-22NextUpdated
$22.50
5/19/2026, 11:13:51 PM
2026-05-29
$22.50
5/19/2026, 11:13:51 PM
2026-06-05
$23.00
5/19/2026, 11:13:51 PM
2026-06-12
$22.50
5/19/2026, 11:13:51 PM
2026-06-18
$22.00
5/19/2026, 11:13:51 PM
2026-06-26
$22.00
5/19/2026, 11:13:51 PM
2026-07-17
$20.00
5/19/2026, 11:13:51 PM
2026-09-18
$22.00
5/19/2026, 11:13:51 PM
2026-10-16
$21.00
5/19/2026, 11:13:51 PM
2026-12-18
$30.00
5/19/2026, 11:13:51 PM
2027-01-15
$25.00
5/19/2026, 11:13:51 PM
2027-03-19
$25.00
5/19/2026, 11:13:51 PM
Selected expiration: 2026-05-22 at max pain $22.50.
GME pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
13
0
27587600
27587600
14
600
24467200
24467800
15
1700
21349800
21351500
16
3200
18274900
18278100
17
5100
15215600
15220700
18
10600
12201300
12211900
18.5
15400
10730550
10745950
19
20200
9266850
9287050
19.5
25900
7815300
7841200
20
31850
6381450
6413300
20.5
89500
5135250
5224750
21
156800
3921050
4077850
21.5
250350
2880450
3130800
22
387300
2035700
2423000
22.5
797650
1431250
2228900
23
1421300
906600
2327900
23.5
2582750
590600
3173350
24
3969750
354550
4324300
24.5
5791250
258650
6049900
25
8059300
191750
8251050
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.