Jones Lang LaSalle IncorporatedClose $293.03EOD only
Max Pain
$340.00
Next expiry Jun 18, 2026
Expected Move
±$24.20
8.3% from close
Price Gap
+46.97
Distance to max pain
IV Rank
0
Low premium
P/C OI
2.21
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects JLL 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 — JLL
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $340.00 (46.97 above 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
±$24.20
±8.3%
Days to Expiry
29
Calendar days
Total Call OI
163
Nearest expiry
Total Put OI
433
Nearest expiry
P/C OI Ratio
2.66
Put-heavy
Spot Price
$293.03
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
$300.00
4/17/2026, 11:16:05 PM
2026-05-15
$300.00
5/15/2026, 11:21:36 PM
2026-06-18NextUpdated
$340.00
5/20/2026, 11:20:57 PM
2026-07-17
$260.00
5/20/2026, 11:20:57 PM
2026-08-21
$280.00
5/20/2026, 11:20:57 PM
2026-09-18
$300.00
5/20/2026, 11:20:57 PM
2026-11-20
$300.00
5/20/2026, 11:20:57 PM
2026-12-18
$270.00
5/20/2026, 11:20:57 PM
Selected expiration: 2026-06-18 at max pain $340.00.
JLL pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
155
0
6359000
6359000
170
0
5711000
5711000
175
0
5495000
5495000
180
0
5280000
5280000
185
0
5065000
5065000
195
0
4635000
4635000
200
0
4421000
4421000
220
0
3565000
3565000
230
1000
3137000
3138000
240
2000
2710000
2712000
250
5000
2285000
2290000
260
9000
1864000
1873000
270
13000
1448000
1461000
280
17000
1035000
1052000
290
30000
827000
857000
300
55000
647000
702000
310
109000
479000
588000
320
170000
313000
483000
330
238000
154000
392000
340
322000
2000
324000
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.