Nearest listed expiration 2026-05-22 shows max pain at $78.00 (3.84 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$78.00
Nearest expiry
Expected Move
±$3.57
±4.8%
Days to Expiry
3
Calendar days
Total Call OI
127,862
Nearest expiry
Total Put OI
61,905
Nearest expiry
P/C OI Ratio
0.48
Put-heavy
Spot Price
$74.16
Published close
Consensus
6.0/10
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
$76.00
5/8/2026, 11:16:57 PM
2026-05-15
$78.00
5/15/2026, 11:17:31 PM
2026-05-22NextUpdated
$78.00
5/19/2026, 11:17:51 PM
2026-05-29
$77.00
5/19/2026, 11:17:51 PM
2026-06-05
$76.00
5/19/2026, 11:17:51 PM
2026-06-12
$77.00
5/19/2026, 11:17:51 PM
2026-06-18
$80.00
5/19/2026, 11:17:51 PM
2026-06-26
$78.00
5/19/2026, 11:17:51 PM
2026-07-17
$80.00
5/19/2026, 11:17:51 PM
2026-08-21
$85.00
5/19/2026, 11:17:51 PM
2026-09-18
$90.00
5/19/2026, 11:17:51 PM
2026-10-16
$75.00
5/19/2026, 11:17:51 PM
2026-11-20
$80.00
5/19/2026, 11:17:51 PM
2026-12-18
$95.00
5/19/2026, 11:17:51 PM
2027-01-15
$75.00
5/19/2026, 11:17:51 PM
2027-02-19
$75.00
5/19/2026, 11:17:51 PM
2027-03-19
$75.00
5/19/2026, 11:17:51 PM
2027-04-16
$70.00
5/19/2026, 11:17:51 PM
Selected expiration: 2026-05-22 at max pain $78.00.
HOOD pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
289357750
289357750
30
500
258407750
258408250
35
2000
227463250
227465250
40
3500
196522250
196525750
45
6000
165655250
165661250
50
11500
134861750
134873250
55
19000
104180250
104199250
56
22300
98349850
98372150
57
25800
92542650
92568450
58
30300
86761750
86792050
59
35500
80991950
81027450
60
41900
75250150
75292050
61
60900
69609550
69670450
62
82800
63993950
64076750
63
116900
58413950
58530850
64
155200
52872950
53028150
65
200600
47373450
47574050
66
255800
42015950
42271750
67
321700
36779050
37100750
68
412300
31664450
32076750
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.