This page reflects ICHR 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 — ICHR
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $62.50 (3.26 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$62.50
Nearest expiry
Expected Move
±$12.25
±18.6%
Days to Expiry
29
Calendar days
Total Call OI
1,500
Nearest expiry
Total Put OI
702
Nearest expiry
P/C OI Ratio
0.47
Put-heavy
Spot Price
$65.76
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
$50.00
4/17/2026, 11:14:33 PM
2026-05-15
$55.00
5/15/2026, 11:18:10 PM
2026-06-18NextUpdated
$62.50
5/20/2026, 11:18:13 PM
2026-07-17
$65.00
5/20/2026, 11:18:13 PM
2026-08-21
$47.50
5/20/2026, 11:18:13 PM
2026-11-20
$45.00
5/20/2026, 11:18:13 PM
2026-12-18
$30.00
5/20/2026, 11:18:13 PM
Selected expiration: 2026-06-18 at max pain $62.50.
ICHR pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
1044750
1044750
37.5
0
933750
933750
40
0
824250
824250
42.5
0
715750
715750
45
250
607750
608000
47.5
500
502250
502750
50
1500
397500
399000
55
4000
209000
213000
57.5
6500
156750
163250
60
9250
111000
120250
62.5
13750
80750
94500
65
38750
56000
94750
67.5
83000
39750
122750
70
153750
24250
178000
72.5
234250
15500
249750
75
325250
9000
334250
77.5
441750
6000
447750
80
560750
4000
564750
82.5
812250
3250
815500
85
1064000
2500
1066500
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.