Granite Construction IncorporatClose $130.74EOD only
Max Pain
$130.00
Next expiry Jun 18, 2026
Expected Move
±$9.07
6.9% from close
Price Gap
-0.74
Distance to max pain
IV Rank
4
Low premium
P/C OI
1.13
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects GVA 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 — GVA
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $130.00 (0.74 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$130.00
Nearest expiry
Expected Move
±$9.07
±6.9%
Days to Expiry
29
Calendar days
Total Call OI
237
Nearest expiry
Total Put OI
413
Nearest expiry
P/C OI Ratio
1.74
Put-heavy
Spot Price
$130.74
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
$120.00
4/17/2026, 11:18:04 PM
2026-05-15
$130.00
5/15/2026, 11:17:17 PM
2026-06-18NextUpdated
$130.00
5/20/2026, 11:13:50 PM
2026-08-21
$65.00
5/20/2026, 11:13:50 PM
2026-09-18
$125.00
5/20/2026, 11:13:50 PM
2026-11-20
$110.00
5/20/2026, 11:13:50 PM
2026-12-18
$135.00
5/20/2026, 11:13:50 PM
Selected expiration: 2026-06-18 at max pain $130.00.
GVA pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
2720000
2720000
65
0
2308000
2308000
70
13000
2102000
2115000
75
33500
1896500
1930000
80
54000
1691500
1745500
85
74500
1487500
1562000
90
95000
1284000
1379000
95
116500
1082000
1198500
100
143000
880500
1023500
105
170500
679500
850000
110
198000
479500
677500
115
229000
285000
514000
120
262500
192500
455000
125
296000
103500
399500
130
337000
23000
360000
135
386500
8500
395000
140
442000
500
442500
145
508500
0
508500
150
588000
0
588000
155
680000
0
680000
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.