Nearest listed expiration 2026-05-22 shows max pain at $109.00 (1.80 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$109.00
Nearest expiry
Expected Move
±$8.35
±7.5%
Days to Expiry
3
Calendar days
Total Call OI
236,085
Nearest expiry
Total Put OI
328,780
Nearest expiry
P/C OI Ratio
1.39
Put-heavy
Spot Price
$110.80
Published close
Consensus
6.5/10
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
$100.00
5/8/2026, 11:17:02 PM
2026-05-15
$95.00
5/15/2026, 11:20:58 PM
2026-05-22NextUpdated
$109.00
5/19/2026, 11:20:55 PM
2026-05-29
$105.00
5/19/2026, 11:20:55 PM
2026-06-05
$106.00
5/19/2026, 11:20:55 PM
2026-06-12
$110.00
5/19/2026, 11:20:55 PM
2026-06-18
$47.00
5/19/2026, 11:20:55 PM
2026-06-26
$115.00
5/19/2026, 11:20:55 PM
2026-07-17
$65.00
5/19/2026, 11:20:55 PM
2026-08-21
$75.00
5/19/2026, 11:20:55 PM
2026-09-18
$50.00
5/19/2026, 11:20:55 PM
2026-10-16
$80.00
5/19/2026, 11:20:55 PM
2026-11-20
$57.50
5/19/2026, 11:20:55 PM
2026-12-18
$40.00
5/19/2026, 11:20:55 PM
2027-01-15
$40.00
5/19/2026, 11:20:55 PM
2027-03-19
$65.00
5/19/2026, 11:20:55 PM
Selected expiration: 2026-05-22 at max pain $109.00.
INTC pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
1780820600
1780820600
35
222000
1616448100
1616670100
38
360300
1517944300
1518304600
39
410900
1485167100
1485578000
40
471600
1452391000
1452862600
41
537200
1419664100
1420201300
42
609700
1386938700
1387548400
43
691100
1354224900
1354916000
44
775400
1321522500
1322297900
45
865500
1288832400
1289697900
46
959000
1256183300
1257142300
46.5
1007050
1239869300
1240876350
47
1055950
1223555300
1224611250
47.5
1112000
1207257650
1208369650
48
1168650
1190960050
1192128700
48.5
1231100
1174679800
1175910900
49
1302850
1158399650
1159702500
49.5
1377300
1142129300
1143506600
50
1451950
1125860000
1127311950
51
1644350
1095760500
1097404850
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.