This page reflects JMIA 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 — JMIA
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $7.50 (0.59 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.50
Nearest expiry
Expected Move
±$0.42
±6.2%
Days to Expiry
2
Calendar days
Total Call OI
1,941
Nearest expiry
Total Put OI
810
Nearest expiry
P/C OI Ratio
0.42
Put-heavy
Spot Price
$6.91
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
$7.00
5/8/2026, 11:16:56 PM
2026-05-15
$7.50
5/15/2026, 11:19:57 PM
2026-05-22NextUpdated
$7.50
5/20/2026, 11:19:22 PM
2026-05-29
$7.00
5/20/2026, 11:19:22 PM
2026-06-05
$7.00
5/20/2026, 11:19:22 PM
2026-06-12
$7.00
5/20/2026, 11:19:22 PM
2026-06-18
$7.00
5/20/2026, 11:19:22 PM
2026-06-26
$7.00
5/20/2026, 11:19:22 PM
2026-07-17
$8.00
5/20/2026, 11:19:22 PM
2026-08-21
$9.00
5/20/2026, 11:19:22 PM
2026-11-20
$8.00
5/20/2026, 11:19:22 PM
2027-01-15
$5.00
5/20/2026, 11:19:22 PM
Selected expiration: 2026-05-22 at max pain $7.50.
JMIA pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
465750
465750
2
1000
385650
386650
3
2000
305750
307750
3.5
2500
268200
270700
4
3000
233050
236050
4.5
3500
198050
201550
5
4000
163100
167100
5.5
4500
128250
132750
6
5000
94450
99450
6.5
5500
63750
69250
7
6250
37050
43300
7.5
12850
16450
29300
8
28800
7450
36250
8.5
73950
6200
80150
9
125050
5650
130700
9.5
200000
5100
205100
10
289250
4650
293900
10.5
384850
4250
389100
11
480700
3850
484550
12
673300
3050
676350
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.