This page reflects JBLU 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 — JBLU
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $4.50 (0.23 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$4.50
Nearest expiry
Expected Move
±$0.35
±7.5%
Days to Expiry
2
Calendar days
Total Call OI
20,089
Nearest expiry
Total Put OI
13,055
Nearest expiry
P/C OI Ratio
0.65
Put-heavy
Spot Price
$4.73
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
$5.00
5/8/2026, 11:20:02 PM
2026-05-15
$5.00
5/15/2026, 11:22:26 PM
2026-05-22NextUpdated
$4.50
5/20/2026, 11:20:19 PM
2026-05-29
$4.50
5/20/2026, 11:20:19 PM
2026-06-05
$5.00
5/20/2026, 11:20:19 PM
2026-06-12
$4.50
5/20/2026, 11:20:19 PM
2026-06-18
$5.00
5/20/2026, 11:20:19 PM
2026-06-26
$4.50
5/20/2026, 11:20:19 PM
2026-07-17
$4.00
5/20/2026, 11:20:19 PM
2026-09-18
$5.00
5/20/2026, 11:20:19 PM
2026-12-18
$5.00
5/20/2026, 11:20:19 PM
2027-01-15
$5.00
5/20/2026, 11:20:19 PM
Selected expiration: 2026-05-22 at max pain $4.50.
JBLU pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
5448100
5448100
1
700
4796650
4797350
1.5
2700
4145250
4147950
2
5150
3493850
3499000
2.5
7900
2842450
2850350
3
11000
2191150
2202150
3.5
14400
1542300
1556700
4
18550
909950
928500
4.5
45750
390750
436500
5
358100
182550
540650
5.5
1212800
48150
1260950
6
2166200
29550
2195750
6.5
3143050
15650
3158700
7
4125850
1950
4127800
7.5
5113200
1250
5114450
8
6107850
650
6108500
8.5
7109700
200
7109900
9
8112250
0
8112250
10
10120050
0
10120050
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.