This page reflects GRMN 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 — GRMN
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $230.00 (7.47 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$230.00
Nearest expiry
Expected Move
±$16.10
±6.8%
Days to Expiry
29
Calendar days
Total Call OI
1,083
Nearest expiry
Total Put OI
335
Nearest expiry
P/C OI Ratio
0.31
Put-heavy
Spot Price
$237.47
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
$260.00
4/17/2026, 11:15:27 PM
2026-05-15
$250.00
5/15/2026, 11:17:39 PM
2026-06-18NextUpdated
$230.00
5/20/2026, 11:14:36 PM
2026-07-17
$240.00
5/20/2026, 11:14:36 PM
2026-10-16
$240.00
5/20/2026, 11:14:36 PM
2026-12-18
$200.00
5/20/2026, 11:14:36 PM
Selected expiration: 2026-06-18 at max pain $230.00.
GRMN pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
105
0
3815000
3815000
125
0
3147000
3147000
135
0
2814000
2814000
150
0
2317500
2317500
155
0
2152500
2152500
165
0
1823500
1823500
170
0
1659000
1659000
175
0
1497500
1497500
180
0
1352500
1352500
185
0
1207500
1207500
190
0
1062500
1062500
195
0
920000
920000
200
0
781000
781000
210
33000
520000
553000
220
100000
298000
398000
230
186000
155000
341000
240
599000
67000
666000
250
1223000
22000
1245000
260
1989000
6000
1995000
270
2853000
0
2853000
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.