This page reflects IMOS 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 — IMOS
Data as of market close May 19, 2026
Nearest listed expiration 2026-06-18 shows max pain at $30.00 (19.00 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$8.95
±18.3%
Days to Expiry
30
Calendar days
Total Call OI
204
Nearest expiry
Total Put OI
513
Nearest expiry
P/C OI Ratio
2.51
Put-heavy
Spot Price
$49.00
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
$35.00
4/17/2026, 11:14:32 PM
2026-05-15
$50.00
5/15/2026, 11:18:37 PM
2026-06-18NextUpdated
$30.00
5/19/2026, 11:17:15 PM
2026-09-18
$40.00
5/19/2026, 11:17:15 PM
2026-12-18
$40.00
5/19/2026, 11:17:15 PM
Selected expiration: 2026-06-18 at max pain $30.00.
IMOS pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
7.5
0
40250
40250
10
0
36500
36500
12.5
0
32750
32750
17.5
0
25250
25250
20
0
22000
22000
25
500
15500
16000
30
1500
9000
10500
35
9500
3500
13000
40
19000
2500
21500
45
28500
1500
30000
50
49500
500
50000
55
78500
0
78500
60
132500
0
132500
65
214500
0
214500
70
297500
0
297500
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.