This page reflects JBL 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 — JBL
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $340.00 (5.15 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$340.00
Nearest expiry
Expected Move
±$13.90
±4.0%
Days to Expiry
2
Calendar days
Total Call OI
6,670
Nearest expiry
Total Put OI
4,588
Nearest expiry
P/C OI Ratio
0.69
Put-heavy
Spot Price
$345.15
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
$350.00
5/8/2026, 11:17:43 PM
2026-05-15
$320.00
5/15/2026, 11:21:02 PM
2026-05-22NextUpdated
$340.00
5/20/2026, 11:17:11 PM
2026-05-29
$330.00
5/20/2026, 11:17:11 PM
2026-06-05
$320.00
5/20/2026, 11:17:11 PM
2026-06-12
$340.00
5/20/2026, 11:17:11 PM
2026-06-18
$260.00
5/20/2026, 11:17:11 PM
2026-06-26
$310.00
5/20/2026, 11:17:11 PM
2026-07-17
$350.00
5/20/2026, 11:17:11 PM
2026-09-18
$270.00
5/20/2026, 11:17:11 PM
2026-12-18
$300.00
5/20/2026, 11:17:11 PM
2027-01-15
$250.00
5/20/2026, 11:17:11 PM
2027-03-19
$145.00
5/20/2026, 11:17:11 PM
Selected expiration: 2026-05-22 at max pain $340.00.
JBL pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
170
0
72828500
72828500
190
2000
63652500
63654500
200
4000
59064500
59068500
205
5500
56777500
56783000
220
11500
49916500
49928000
225
13500
47631500
47645000
235
18500
43061500
43080000
240
21000
40783000
40804000
245
29000
38505000
38534000
250
37000
36228000
36265000
255
45000
33952500
33997500
260
53000
31680500
31733500
265
61000
29414500
29475500
270
70500
27149000
27219500
275
82000
24889500
24971500
280
93500
22638000
22731500
285
105500
20388500
20494000
290
118000
18139500
18257500
295
131500
15898000
16029500
300
145000
13662000
13807000
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.