This page reflects GRPN 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 — GRPN
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $15.00 (2.32 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$15.00
Nearest expiry
Expected Move
±$3.60
±20.8%
Days to Expiry
29
Calendar days
Total Call OI
21,824
Nearest expiry
Total Put OI
2,576
Nearest expiry
P/C OI Ratio
0.12
Put-heavy
Spot Price
$17.32
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
$12.00
4/17/2026, 11:12:37 PM
2026-05-15
$14.00
5/15/2026, 11:18:03 PM
2026-06-18NextUpdated
$15.00
5/20/2026, 11:13:25 PM
2026-07-17
$13.00
5/20/2026, 11:13:25 PM
2026-08-21
$16.00
5/20/2026, 11:13:25 PM
2026-10-16
$12.00
5/20/2026, 11:13:25 PM
2027-01-15
$17.00
5/20/2026, 11:13:25 PM
Selected expiration: 2026-06-18 at max pain $15.00.
GRPN pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
4
0
2667100
2667100
5
500
2409500
2410000
6
1300
2151900
2153200
7
2600
1894300
1896900
8
4400
1652000
1656400
9
8400
1410100
1418500
10
13000
1168400
1181400
11
19600
944800
964400
12
28800
727800
756600
13
40600
538300
578900
14
62500
366500
429000
15
102300
227500
329800
16
331600
142100
473700
17
603000
88600
691600
18
957000
50800
1007800
19
1539800
37300
1577100
20
2224000
28600
2252600
21
3496600
23300
3519900
22
4904100
18400
4922500
23
6384100
14000
6398100
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.