What is IONQ max pain this week?

IONQ max pain for the nearest expiration (2026-05-22) is $49.00. Total call open interest: 30,277. Total put open interest: 31,505.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options IONQMax Pain

IONQ

IonQ, Inc.Close $52.47EOD only

Max Pain

$49.00

Next expiry May 22, 2026

Expected Move

±$3.39

6.5% from close

Price Gap

-3.47

Distance to max pain

IV Rank

Low premium

P/C OI

1.09

Balanced positioning

Consensus

4/4

Partial coverage

Published snapshot: May 20, 2026 close

End-of-day snapshot

This page reflects IONQ 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 — IONQ

Data as of market close May 20, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-05-22 shows max pain at $49.00 (3.47 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$49.00

Nearest expiry

Expected Move

±$3.39

±6.5%

Days to Expiry

Calendar days

Total Call OI

30,277

Nearest expiry

Total Put OI

31,505

Nearest expiry

P/C OI Ratio

1.04

Put-heavy

Spot Price

$52.47

Published close

Consensus

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	$45.50	5/8/2026, 11:18:12 PM
2026-05-15	$45.00	5/15/2026, 11:22:20 PM
2026-05-22NextUpdated	$49.00	5/20/2026, 11:16:56 PM
2026-05-29	$48.00	5/20/2026, 11:16:56 PM
2026-06-05	$46.00	5/20/2026, 11:16:56 PM
2026-06-12	$45.00	5/20/2026, 11:16:56 PM
2026-06-18	$45.00	5/20/2026, 11:16:56 PM
2026-06-26	$50.00	5/20/2026, 11:16:56 PM
2026-07-17	$45.00	5/20/2026, 11:16:56 PM
2026-08-21	$45.00	5/20/2026, 11:16:56 PM
2026-09-18	$40.00	5/20/2026, 11:16:56 PM
2026-10-16	$40.00	5/20/2026, 11:16:56 PM
2026-11-20	$50.00	5/20/2026, 11:16:56 PM
2026-12-18	$45.00	5/20/2026, 11:16:56 PM
2027-01-15	$35.00	5/20/2026, 11:16:56 PM
2027-03-19	$40.00	5/20/2026, 11:16:56 PM

Selected expiration: 2026-05-22 at max pain $49.00.

IONQ pain by strike for 2026-05-22 expiration
Strike	Call Pain	Put Pain	Total Pain
19	0	63997150	63997150
20	0	60857650	60857650
21	0	57725750	57725750
22	0	54594150	54594150
23	300	51463850	51464150
24	600	48336650	48337250
25	1300	45267250	45268550
26	7600	42205650	42213250
27	13900	39152550	39166450
28	20600	36110950	36131550
29	28300	33083550	33111850
30	39000	30066550	30105550
30.5	48750	28892650	28941400
31	58600	27719100	27777700
31.5	70300	26548350	26618650
32	82250	25377700	25459950
32.5	97350	24213800	24311150
33	112550	23050500	23163050
33.5	130700	21897800	22028500
34	149100	20752450	20901550

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.