This page reflects KR 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 — KR
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $67.00 (1.68 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$67.00
Nearest expiry
Expected Move
±$1.64
±2.4%
Days to Expiry
2
Calendar days
Total Call OI
13,473
Nearest expiry
Total Put OI
3,720
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$68.68
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
$67.00
5/8/2026, 11:20:02 PM
2026-05-15
$67.50
5/15/2026, 11:23:27 PM
2026-05-22NextUpdated
$67.00
5/20/2026, 11:21:48 PM
2026-05-29
$68.00
5/20/2026, 11:21:48 PM
2026-06-05
$65.00
5/20/2026, 11:21:48 PM
2026-06-12
$65.00
5/20/2026, 11:21:48 PM
2026-06-18
$70.00
5/20/2026, 11:21:48 PM
2026-06-26
$64.00
5/20/2026, 11:21:48 PM
2026-07-17
$67.50
5/20/2026, 11:21:48 PM
2026-09-18
$70.00
5/20/2026, 11:21:48 PM
2026-10-16
$67.50
5/20/2026, 11:21:48 PM
2026-12-18
$67.50
5/20/2026, 11:21:48 PM
2027-01-15
$65.00
5/20/2026, 11:21:48 PM
2027-03-19
$57.50
5/20/2026, 11:21:48 PM
Selected expiration: 2026-05-22 at max pain $67.00.
KR pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
10495300
10495300
50
1000
6775300
6776300
55
1500
4915300
4916800
56
2400
4543500
4545900
57
3400
4171800
4175200
58
5000
3800100
3805100
59
6700
3429200
3435900
60
8400
3063300
3071700
61
12900
2703800
2716700
62
17700
2348000
2365700
63
22800
2006400
2029200
64
28200
1681000
1709200
65
34000
1373300
1407300
66
59700
1085400
1145100
67
135500
807600
943100
68
688700
601000
1289700
69
1280000
405400
1685400
70
2470600
215200
2685800
71
3670900
27600
3698500
72
4905200
0
4905200
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.