This page reflects KVUE 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 — KVUE
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $17.00 (0.32 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$17.00
Nearest expiry
Expected Move
±$0.26
±1.5%
Days to Expiry
2
Calendar days
Total Call OI
6,634
Nearest expiry
Total Put OI
1,732
Nearest expiry
P/C OI Ratio
0.26
Put-heavy
Spot Price
$17.32
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
$17.50
5/8/2026, 11:20:45 PM
2026-05-15
$17.50
5/15/2026, 11:17:29 PM
2026-05-22NextUpdated
$17.00
5/20/2026, 11:19:00 PM
2026-05-29
$17.50
5/20/2026, 11:19:00 PM
2026-06-05
$17.50
5/20/2026, 11:19:00 PM
2026-06-12
$18.00
5/20/2026, 11:19:00 PM
2026-06-18
$18.00
5/20/2026, 11:19:00 PM
2026-06-26
$17.50
5/20/2026, 11:19:00 PM
2026-07-17
$17.00
5/20/2026, 11:19:00 PM
2026-08-21
$19.00
5/20/2026, 11:19:00 PM
2026-09-18
$18.00
5/20/2026, 11:19:00 PM
2026-11-20
$17.00
5/20/2026, 11:19:00 PM
2026-12-18
$17.00
5/20/2026, 11:19:00 PM
2027-01-15
$18.00
5/20/2026, 11:19:00 PM
2027-03-19
$17.00
5/20/2026, 11:19:00 PM
Selected expiration: 2026-05-22 at max pain $17.00.
KVUE pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
1984300
1984300
9
400
1291500
1291900
10
500
1118600
1119100
11
600
945700
946300
12.5
750
686350
687100
13
800
599900
600700
14
900
430000
430900
14.5
950
345550
346500
15
1000
261100
262100
15.5
1050
178150
179200
16
1150
103650
104800
16.5
1250
47450
48700
17
1350
2750
4100
17.5
57850
300
58150
18
366850
50
366900
18.5
685400
0
685400
19
1014900
0
1014900
19.5
1345250
0
1345250
23.5
3992050
0
3992050
24
4323000
0
4323000
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.