This page reflects IMVT 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 — IMVT
Data as of market close May 19, 2026
Nearest listed expiration 2026-06-18 shows max pain at $24.00 (2.29 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$24.00
Nearest expiry
Expected Move
±$4.90
±18.6%
Days to Expiry
30
Calendar days
Total Call OI
290
Nearest expiry
Total Put OI
52
Nearest expiry
P/C OI Ratio
0.18
Put-heavy
Spot Price
$26.29
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
$23.00
4/17/2026, 11:16:45 PM
2026-05-15
$25.00
5/15/2026, 11:18:32 PM
2026-06-18NextUpdated
$24.00
5/19/2026, 11:16:14 PM
2026-07-17
$22.00
5/19/2026, 11:16:14 PM
2026-08-21
$26.00
5/19/2026, 11:16:14 PM
2026-09-18
$17.00
5/19/2026, 11:16:14 PM
2026-10-16
$3.00
5/19/2026, 11:16:14 PM
2026-12-18
$25.00
5/19/2026, 11:16:14 PM
2027-01-15
$27.00
5/19/2026, 11:16:14 PM
2027-03-19
$35.00
5/19/2026, 11:16:14 PM
Selected expiration: 2026-06-18 at max pain $24.00.
IMVT pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
110200
110200
2
900
105300
106200
5
3600
90600
94200
9
7200
71800
79000
13
10800
53000
63800
14
11700
48400
60100
15
12600
43800
56400
17
14600
34600
49200
18
15600
30200
45800
20
17600
21600
39200
21
18600
17400
36000
22
19700
13200
32900
23
20800
9100
29900
24
24000
5000
29000
25
27300
2600
29900
26
31300
1000
32300
27
36000
500
36500
28
56100
200
56300
29
79100
0
79100
30
103100
0
103100
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.