This page reflects GPRE 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 — GPRE
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $14.00 (1.65 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$14.00
Nearest expiry
Expected Move
±$2.35
±15.0%
Days to Expiry
29
Calendar days
Total Call OI
9,030
Nearest expiry
Total Put OI
845
Nearest expiry
P/C OI Ratio
0.09
Put-heavy
Spot Price
$15.65
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
$15.00
4/17/2026, 11:12:38 PM
2026-05-15
$17.00
5/15/2026, 11:16:36 PM
2026-06-18NextUpdated
$14.00
5/20/2026, 11:16:11 PM
2026-07-17
$12.00
5/20/2026, 11:16:11 PM
2026-09-18
$15.00
5/20/2026, 11:16:11 PM
2026-12-18
$10.00
5/20/2026, 11:16:11 PM
2027-01-15
$10.00
5/20/2026, 11:16:11 PM
Selected expiration: 2026-06-18 at max pain $14.00.
GPRE pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
1195800
1195800
2
1100
1111300
1112400
5
5000
857800
862800
7
7600
688800
696400
8
8900
605800
614700
9
10200
525900
536100
10
11500
446100
457600
11
12800
366700
379500
12
15300
288800
304100
13
29000
227000
256000
14
70100
168600
238700
15
157200
117100
274300
16
272700
70400
343100
17
442300
29700
472000
18
1125700
14100
1139800
19
1818500
8200
1826700
20
2564900
6300
2571200
21
3426700
4500
3431200
22
4311200
2700
4313900
23
5199200
2000
5201200
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.