Interactive Brokers Group, Inc.Close $83.79EOD only
Max Pain
$84.00
Next expiry May 22, 2026
Expected Move
±$1.60
1.9% from close
Price Gap
+0.21
Distance to max pain
IV Rank
18
Low premium
P/C OI
0.57
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects IBKR 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 — IBKR
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $84.00 (0.21 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$84.00
Nearest expiry
Expected Move
±$1.60
±1.9%
Days to Expiry
2
Calendar days
Total Call OI
3,157
Nearest expiry
Total Put OI
4,365
Nearest expiry
P/C OI Ratio
1.38
Put-heavy
Spot Price
$83.79
Published close
Consensus
-
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
$80.00
5/8/2026, 11:14:27 PM
2026-05-15
$82.00
5/15/2026, 11:20:34 PM
2026-05-22NextUpdated
$84.00
5/20/2026, 11:17:07 PM
2026-05-29
$82.00
5/20/2026, 11:17:07 PM
2026-06-05
$83.00
5/20/2026, 11:17:07 PM
2026-06-12
$83.00
5/20/2026, 11:17:07 PM
2026-06-18
$72.50
5/20/2026, 11:17:07 PM
2026-06-26
$83.00
5/20/2026, 11:17:07 PM
2026-07-17
$85.00
5/20/2026, 11:17:07 PM
2026-09-18
$70.00
5/20/2026, 11:17:07 PM
2026-12-18
$75.00
5/20/2026, 11:17:07 PM
2027-01-15
$45.00
5/20/2026, 11:17:07 PM
2027-03-19
$60.00
5/20/2026, 11:17:07 PM
Selected expiration: 2026-05-22 at max pain $84.00.
IBKR pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
15664200
15664200
50
0
13490700
13490700
55
0
11326700
11326700
58
0
10029500
10029500
59
100
9597300
9597400
60
300
9165400
9165700
63
900
7876900
7877800
64
1100
7447500
7448600
65
1300
7020900
7022200
66
1800
6595500
6597300
67
2600
6170300
6172900
68
3800
5762700
5766500
69
5100
5358200
5363300
70
6400
4955600
4962000
71
8100
4557500
4565600
72
10100
4164700
4174800
73
12500
3774800
3787300
74
15500
3405800
3421300
75
19200
3047500
3066700
76
24200
2701600
2725800
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.