This page reflects GRRR 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 — GRRR
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $13.00 (0.41 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$13.00
Nearest expiry
Expected Move
±$0.80
±6.0%
Days to Expiry
2
Calendar days
Total Call OI
1,462
Nearest expiry
Total Put OI
1,246
Nearest expiry
P/C OI Ratio
0.85
Put-heavy
Spot Price
$13.41
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
$13.50
5/8/2026, 11:14:21 PM
2026-05-15
$15.00
5/15/2026, 11:15:20 PM
2026-05-22NextUpdated
$13.00
5/20/2026, 11:16:35 PM
2026-05-29
$14.00
5/20/2026, 11:16:35 PM
2026-06-05
$15.00
5/20/2026, 11:16:35 PM
2026-06-12
$13.00
5/20/2026, 11:16:35 PM
2026-06-18
$7.50
5/20/2026, 11:16:35 PM
2026-06-26
$12.00
5/20/2026, 11:16:35 PM
2026-07-17
$10.00
5/20/2026, 11:16:35 PM
2026-08-21
$12.50
5/20/2026, 11:16:35 PM
2026-11-20
$12.50
5/20/2026, 11:16:35 PM
2027-01-15
$15.00
5/20/2026, 11:16:35 PM
Selected expiration: 2026-05-22 at max pain $13.00.
GRRR pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
1506000
1506000
2
1700
1381400
1383100
3
4200
1256800
1261000
4
6800
1132200
1139000
5
9500
1007600
1017100
7
15100
758400
773500
7.5
16500
696100
712600
8
17950
634600
652550
8.5
19500
573100
592600
9
21100
511600
532700
9.5
22750
450100
472850
10
24500
388600
413100
10.5
27000
330100
357100
11
29600
271600
301200
11.5
32450
222350
254800
12
35450
175050
210500
12.5
45500
135950
181450
13
56450
105950
162400
13.5
81500
82850
164350
14
115750
61250
177000
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.