Nearest listed expiration 2026-05-20 shows max pain at $397.50 (9.84 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$397.50
Nearest expiry
Expected Move
±$6.72
±1.7%
Days to Expiry
1
Calendar days
Total Call OI
47,274
Nearest expiry
Total Put OI
26,106
Nearest expiry
P/C OI Ratio
0.55
Put-heavy
Spot Price
$387.66
Published close
Consensus
9.0/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-20
Expiration
Max Pain Strike
Last Updated
2026-05-15
$335.00
5/15/2026, 11:16:47 PM
2026-05-18
$395.00
5/15/2026, 11:16:47 PM
2026-05-20NextUpdated
$397.50
5/19/2026, 11:17:17 PM
2026-05-22
$382.50
5/19/2026, 11:17:17 PM
2026-05-26
$397.50
5/19/2026, 11:17:17 PM
2026-05-27
$400.00
5/19/2026, 11:17:17 PM
2026-05-29
$380.00
5/19/2026, 11:17:17 PM
2026-06-05
$355.00
5/19/2026, 11:17:17 PM
2026-06-12
$385.00
5/19/2026, 11:17:17 PM
2026-06-18
$300.00
5/19/2026, 11:17:17 PM
2026-06-26
$380.00
5/19/2026, 11:17:17 PM
2026-07-17
$325.00
5/19/2026, 11:17:17 PM
2026-08-21
$320.00
5/19/2026, 11:17:17 PM
2026-09-18
$300.00
5/19/2026, 11:17:17 PM
2026-10-16
$340.00
5/19/2026, 11:17:17 PM
2026-11-20
$330.00
5/19/2026, 11:17:17 PM
2026-12-18
$270.00
5/19/2026, 11:17:17 PM
2027-01-15
$270.00
5/19/2026, 11:17:17 PM
2027-03-19
$330.00
5/19/2026, 11:17:17 PM
Selected expiration: 2026-05-20 at max pain $397.50.
GOOGL pain by strike for 2026-05-20 expiration
Strike
Call Pain
Put Pain
Total Pain
300
0
189231250
189231250
305
3000
176234750
176237750
310
6000
163240250
163246250
317.5
13500
143924750
143938250
320
16000
137519500
137535500
322.5
19750
131158000
131177750
325
23750
124796500
124820250
327.5
28000
118477500
118505500
330
33250
112169250
112202500
332.5
41750
105875250
105917000
335
50250
99591750
99642000
337.5
59500
93723750
93783250
340
69750
87962000
88031750
342.5
95500
82329000
82424500
345
123500
76850000
76973500
347.5
153750
71431250
71585000
350
186750
66037250
66224000
352.5
225250
60753000
60978250
355
269250
55502250
55771500
357.5
320500
50283250
50603750
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.