This page reflects JD 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 — JD
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $31.00 (1.46 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$31.00
Nearest expiry
Expected Move
±$0.81
±2.5%
Days to Expiry
2
Calendar days
Total Call OI
21,827
Nearest expiry
Total Put OI
5,747
Nearest expiry
P/C OI Ratio
0.26
Put-heavy
Spot Price
$32.46
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
$30.50
5/8/2026, 11:19:30 PM
2026-05-15
$30.50
5/15/2026, 11:21:57 PM
2026-05-22NextUpdated
$31.00
5/20/2026, 11:17:28 PM
2026-05-29
$32.00
5/20/2026, 11:17:28 PM
2026-06-05
$31.00
5/20/2026, 11:17:28 PM
2026-06-12
$33.00
5/20/2026, 11:17:28 PM
2026-06-18
$30.00
5/20/2026, 11:17:28 PM
2026-06-26
$31.00
5/20/2026, 11:17:28 PM
2026-07-17
$32.00
5/20/2026, 11:17:28 PM
2026-09-18
$30.00
5/20/2026, 11:17:28 PM
2026-10-16
$33.00
5/20/2026, 11:17:28 PM
2026-12-18
$30.00
5/20/2026, 11:17:28 PM
2027-01-15
$30.00
5/20/2026, 11:17:28 PM
2027-03-19
$30.00
5/20/2026, 11:17:28 PM
Selected expiration: 2026-05-22 at max pain $31.00.
JD pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
19
0
6409700
6409700
20
0
5835100
5835100
22
2600
4685900
4688500
23
3900
4112400
4116300
24
5400
3544300
3549700
25
7300
2977300
2984600
26
12700
2416900
2429600
27
20700
1896700
1917400
27.5
24850
1653450
1678300
28
29000
1410900
1439900
28.5
36000
1182650
1218650
29
43000
960950
1003950
29.5
55400
751600
807000
30
90950
547950
638900
30.5
152400
377800
530200
31
231750
231550
463300
31.5
366450
138200
504650
32
617250
87750
705000
32.5
966200
60050
1026250
33
1356800
37350
1394150
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.