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LLY

Eli Lilly and CompanyClose $1018.87EOD only
Max Pain
$975.00
Next expiry May 22, 2026
Expected Move
±$24.27
2.4% from close
Price Gap
-43.87
Distance to max pain
IV Rank
18
Low premium
P/C OI
1.23
Slightly put-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects LLY 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 — LLY
Data as of market close May 20, 2026
Open Available Reports (4/4)

Nearest listed expiration 2026-05-22 shows max pain at $975.00 (43.87 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$975.00
Nearest expiry
Expected Move
±$24.27
±2.4%
Days to Expiry
2
Calendar days
Total Call OI
14,451
Nearest expiry
Total Put OI
20,186
Nearest expiry
P/C OI Ratio
1.40
Put-heavy
Spot Price
$1018.87
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$940.005/8/2026, 11:20:12 PM
2026-05-15$990.005/15/2026, 11:24:52 PM
2026-05-22NextUpdated$975.005/20/2026, 11:20:29 PM
2026-05-29$960.005/20/2026, 11:20:29 PM
2026-06-05$980.005/20/2026, 11:20:29 PM
2026-06-12$985.005/20/2026, 11:20:29 PM
2026-06-18$910.005/20/2026, 11:20:29 PM
2026-06-26$1000.005/20/2026, 11:20:29 PM
2026-07-17$980.005/20/2026, 11:20:29 PM
2026-08-21$960.005/20/2026, 11:20:29 PM
2026-09-18$900.005/20/2026, 11:20:29 PM
2026-10-16$910.005/20/2026, 11:20:29 PM
2026-11-20$920.005/20/2026, 11:20:29 PM
2026-12-18$890.005/20/2026, 11:20:29 PM
2027-01-15$860.005/20/2026, 11:20:29 PM
2027-03-19$910.005/20/2026, 11:20:29 PM
Selected expiration: 2026-05-22 at max pain $975.00.
LLY pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
5600450517000450517000
5707000430967000430974000
58014000411669000411683000
59033000392515000392548000
60061000373950000374011000
61089000355714000355803000
620117000337748000337865000
630145000320582000320727000
640173000303678000303851000
650201000287104000287305000
660229000270918000271147000
670264000255303000255567000
680299000239837000240136000
690343000224956000225299000
700387000211151000211538000
710432000200421000200853000
720477000189824000190301000
725499500184619000185118500
730522000179437500179959500
732.5533500176942500177476000
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.