This page reflects LUNR 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 — LUNR
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $32.00 (1.67 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$32.00
Nearest expiry
Expected Move
±$2.90
±8.6%
Days to Expiry
2
Calendar days
Total Call OI
14,079
Nearest expiry
Total Put OI
16,956
Nearest expiry
P/C OI Ratio
1.20
Put-heavy
Spot Price
$33.67
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
$25.00
5/8/2026, 11:20:57 PM
2026-05-15
$27.00
5/15/2026, 11:22:51 PM
2026-05-22NextUpdated
$32.00
5/20/2026, 11:22:41 PM
2026-05-29
$29.50
5/20/2026, 11:22:41 PM
2026-06-05
$27.00
5/20/2026, 11:22:41 PM
2026-06-12
$29.50
5/20/2026, 11:22:41 PM
2026-06-18
$20.00
5/20/2026, 11:22:41 PM
2026-06-26
$29.00
5/20/2026, 11:22:41 PM
2026-07-17
$26.00
5/20/2026, 11:22:41 PM
2026-09-18
$24.00
5/20/2026, 11:22:41 PM
2026-12-18
$25.00
5/20/2026, 11:22:41 PM
2027-01-15
$20.00
5/20/2026, 11:22:41 PM
Selected expiration: 2026-05-22 at max pain $32.00.
LUNR pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
13
0
23992400
23992400
14
400
22505100
22505500
15
3400
21019200
21022600
15.5
5100
20276400
20281500
16
7100
19533650
19540750
16.5
9400
18800700
18810100
17
11850
18067900
18079750
17.5
14700
17339250
17353950
18
18100
16611050
16629150
18.5
40700
15886250
15926950
19
63450
15162000
15225450
19.5
86600
14443150
14529750
20
109850
13726500
13836350
20.5
134700
13022050
13156750
21
162350
12320900
12483250
21.5
192800
11621750
11814550
22
225050
10924800
11149850
22.5
259400
10236900
10496300
23
295950
9581000
9876950
23.5
335400
8930950
9266350
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.