This page reflects HAS options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 19, 2026 close
Max Pain — HAS
Data as of market close May 19, 2026
Nearest listed expiration 2026-06-18 shows max pain at $95.00 (2.18 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$95.00
Nearest expiry
Expected Move
±$7.90
±8.1%
Days to Expiry
30
Calendar days
Total Call OI
6,330
Nearest expiry
Total Put OI
12,957
Nearest expiry
P/C OI Ratio
2.05
Put-heavy
Spot Price
$97.18
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
$90.00
4/17/2026, 11:15:48 PM
2026-05-15
$92.50
5/15/2026, 11:19:09 PM
2026-06-18NextUpdated
$95.00
5/19/2026, 11:14:56 PM
2026-07-17
$95.00
5/19/2026, 11:14:56 PM
2026-09-18
$90.00
5/19/2026, 11:14:56 PM
2026-10-16
$97.50
5/19/2026, 11:14:56 PM
2026-12-18
$80.00
5/19/2026, 11:14:56 PM
2027-01-15
$75.00
5/19/2026, 11:14:56 PM
2027-03-19
$100.00
5/19/2026, 11:14:56 PM
Selected expiration: 2026-06-18 at max pain $95.00.
HAS pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
27.5
0
83856250
83856250
30
0
80617000
80617000
37.5
0
70899250
70899250
45
1500
61181500
61183000
47.5
4500
57948250
57952750
50
7500
54715500
54723000
52.5
11000
51483000
51494000
55
14750
48250750
48265500
57.5
19250
45021500
45040750
60
24250
41792250
41816500
62.5
39750
38563000
38602750
65
58250
35335000
35393250
67.5
77250
32118250
32195500
70
96250
28911250
29007500
72.5
117750
25714250
25832000
75
145250
22517250
22662500
77.5
182500
19340250
19522750
80
234750
16194500
16429250
82.5
294250
13113000
13407250
85
365500
10045000
10410500
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.