thetaOwl

INOD

Innodata Inc.Close $94.71EOD only
Max Pain
$80.00
Next expiry May 22, 2026
Expected Move
±$6.67
7.0% from close
Price Gap
-14.71
Distance to max pain
IV Rank
22
Low premium
P/C OI
1.19
Slightly put-heavy
Consensus
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects INOD 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 — INOD
Data as of market close May 20, 2026

Nearest listed expiration 2026-05-22 shows max pain at $80.00 (14.71 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$6.67
±7.0%
Days to Expiry
2
Calendar days
Total Call OI
7,347
Nearest expiry
Total Put OI
2,285
Nearest expiry
P/C OI Ratio
0.31
Put-heavy
Spot Price
$94.71
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$44.005/8/2026, 11:18:29 PM
2026-05-15$57.005/15/2026, 11:21:17 PM
2026-05-22NextUpdated$80.005/20/2026, 11:16:47 PM
2026-05-29$60.005/20/2026, 11:16:47 PM
2026-06-05$80.005/20/2026, 11:16:47 PM
2026-06-12$80.005/20/2026, 11:16:47 PM
2026-06-18$80.005/20/2026, 11:16:47 PM
2026-06-26$92.005/20/2026, 11:16:47 PM
2026-07-17$95.005/20/2026, 11:16:47 PM
2026-08-21$55.005/20/2026, 11:16:47 PM
2026-11-20$60.005/20/2026, 11:16:47 PM
2027-01-15$42.005/20/2026, 11:16:47 PM
Selected expiration: 2026-05-22 at max pain $80.00.
INOD pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
2501083360010833600
2701037680010376800
281001014840010148500
2940099200009920400
30120096916009692800
31200094633009465300
32280092352009238000
33380090072009011000
34500087799008784900
35620085542008560400
36740083300008337400
37870081095008118200
381010078897007899800
391150076716007683100
401330074550007468300
411570072418007257500
423880070318007070600
436240068219006884300
448630066123006698600
4511200064030006515000
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.