This page reflects GTX 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 — GTX
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $1.00 (29.70 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$1.00
Nearest expiry
Expected Move
±$1.57
±5.1%
Days to Expiry
29
Calendar days
Total Call OI
2,691
Nearest expiry
Total Put OI
395
Nearest expiry
P/C OI Ratio
0.15
Put-heavy
Spot Price
$30.70
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
$17.00
4/17/2026, 11:14:43 PM
2026-05-15
$19.00
5/15/2026, 11:17:07 PM
2026-06-18NextUpdated
$1.00
5/20/2026, 11:17:02 PM
2026-07-17
$15.00
5/20/2026, 11:17:02 PM
2026-08-21
$22.00
5/20/2026, 11:17:02 PM
2026-09-18
$27.00
5/20/2026, 11:17:02 PM
2026-10-16
$29.00
5/20/2026, 11:17:02 PM
2026-11-20
$12.00
5/20/2026, 11:17:02 PM
2026-12-18
$20.00
5/20/2026, 11:17:02 PM
2027-01-15
$15.00
5/20/2026, 11:17:02 PM
Selected expiration: 2026-06-18 at max pain $1.00.
GTX pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
921200
921200
2
40100
881700
921800
3
80400
842200
922600
7
241600
684200
925800
10
362500
565700
928200
12
443100
486700
929800
14
524100
407700
931800
15
565000
368300
933300
16
613000
329700
942700
17
664900
293500
958400
18
738400
258400
996800
19
813000
227200
1040200
20
887600
196000
1083600
21
963400
169100
1132500
22
1040100
142300
1182400
23
1134300
115600
1249900
24
1228700
88900
1317600
25
1324800
66400
1391200
26
1482100
46300
1528400
27
1645300
35300
1680600
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.