This page reflects GRAB 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 — GRAB
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $3.50 (0.01 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$3.50
Nearest expiry
Expected Move
±$0.11
±3.3%
Days to Expiry
2
Calendar days
Total Call OI
33,956
Nearest expiry
Total Put OI
5,683
Nearest expiry
P/C OI Ratio
0.17
Put-heavy
Spot Price
$3.51
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
$3.50
5/8/2026, 11:14:02 PM
2026-05-15
$4.00
5/15/2026, 11:18:30 PM
2026-05-22NextUpdated
$3.50
5/20/2026, 11:13:16 PM
2026-05-29
$3.50
5/20/2026, 11:13:16 PM
2026-06-05
$3.50
5/20/2026, 11:13:16 PM
2026-06-12
$3.00
5/20/2026, 11:13:16 PM
2026-06-18
$4.00
5/20/2026, 11:13:16 PM
2026-06-26
$3.50
5/20/2026, 11:13:16 PM
2026-07-17
$4.00
5/20/2026, 11:13:16 PM
2026-10-16
$4.00
5/20/2026, 11:13:16 PM
2027-01-15
$4.00
5/20/2026, 11:13:16 PM
Selected expiration: 2026-05-22 at max pain $3.50.
GRAB pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
1845600
1845600
1
266200
1561500
1827700
1.5
542150
1277600
1819750
2
821250
993750
1815000
2.5
1100550
709900
1810450
3
1380200
426200
1806400
3.5
1662150
143500
1805650
4
2069750
1750
2071500
4.5
3031750
1300
3033050
5
4545050
900
4545950
5.5
6237700
500
6238200
6
7935450
200
7935650
6.5
9633250
100
9633350
7
11331050
0
11331050
7.5
13028850
0
13028850
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.