This page reflects GSHD 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 — GSHD
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $45.00 (3.63 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$45.00
Nearest expiry
Expected Move
±$6.72
±16.3%
Days to Expiry
29
Calendar days
Total Call OI
692
Nearest expiry
Total Put OI
147
Nearest expiry
P/C OI Ratio
0.21
Put-heavy
Spot Price
$41.37
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
$45.00
4/17/2026, 11:14:01 PM
2026-05-15
$45.00
5/15/2026, 11:17:29 PM
2026-06-18NextUpdated
$45.00
5/20/2026, 11:13:18 PM
2026-09-18
$45.00
5/20/2026, 11:13:18 PM
2026-12-18
$30.00
5/20/2026, 11:13:18 PM
Selected expiration: 2026-06-18 at max pain $45.00.
GSHD pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
22.5
0
256500
256500
25
0
221500
221500
30
1500
151500
153000
35
4500
108000
112500
40
7500
66500
74000
45
20500
44000
64500
50
45500
35500
81000
55
76000
30000
106000
60
107500
25000
132500
65
150500
20000
170500
70
195000
15000
210000
75
321500
10000
331500
80
611500
5000
616500
85
903000
0
903000
90
1244000
0
1244000
100
1926000
0
1926000
105
2269500
0
2269500
110
2613500
0
2613500
115
2959000
0
2959000
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.