This page reflects JAZZ 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 — JAZZ
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $160.00 (79.01 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$160.00
Nearest expiry
Expected Move
±$8.20
±3.4%
Days to Expiry
29
Calendar days
Total Call OI
2,055
Nearest expiry
Total Put OI
414
Nearest expiry
P/C OI Ratio
0.20
Put-heavy
Spot Price
$239.01
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
$185.00
4/17/2026, 11:16:08 PM
2026-05-15
$200.00
5/15/2026, 11:17:29 PM
2026-06-18NextUpdated
$160.00
5/20/2026, 11:16:54 PM
2026-09-18
$220.00
5/20/2026, 11:16:54 PM
2026-12-18
$170.00
5/20/2026, 11:16:54 PM
2027-01-15
$140.00
5/20/2026, 11:16:54 PM
Selected expiration: 2026-06-18 at max pain $160.00.
JAZZ pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
70
0
5074000
5074000
85
3000
4453000
4456000
110
8000
3420500
3428500
115
9000
3216000
3225000
120
10000
3012500
3022500
125
26000
2809500
2835500
130
67000
2607000
2674000
135
109000
2441500
2550500
140
151500
2276000
2427500
145
201500
2110500
2312000
150
251500
1949500
2201000
155
304000
1790000
2094000
160
358500
1630500
1989000
165
846500
1474000
2320500
170
1340500
1317500
2658000
175
1851000
1161000
3012000
180
2361500
1030000
3391500
185
2881500
905000
3786500
190
3421000
780000
4201000
195
4019000
658500
4677500
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.