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MA

Mastercard IncorporatedClose $498.04EOD only
Max Pain
$495.00
Next expiry May 22, 2026
Expected Move
±$8.35
1.7% from close
Price Gap
-3.04
Distance to max pain
IV Rank
0
Low premium
P/C OI
1.21
Slightly put-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 20, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-05-22 shows max pain at $495.00 (3.04 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$495.00
Nearest expiry
Expected Move
±$8.35
±1.7%
Days to Expiry
2
Calendar days
Total Call OI
5,492
Nearest expiry
Total Put OI
4,662
Nearest expiry
P/C OI Ratio
0.85
Put-heavy
Spot Price
$498.04
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$500.005/8/2026, 11:21:56 PM
2026-05-15$502.505/15/2026, 11:24:58 PM
2026-05-22NextUpdated$495.005/20/2026, 11:20:28 PM
2026-05-29$500.005/20/2026, 11:20:28 PM
2026-06-05$500.005/20/2026, 11:20:28 PM
2026-06-12$500.005/20/2026, 11:20:28 PM
2026-06-18$525.005/20/2026, 11:20:28 PM
2026-06-26$490.005/20/2026, 11:20:28 PM
2026-07-17$515.005/20/2026, 11:20:28 PM
2026-08-21$490.005/20/2026, 11:20:28 PM
2026-09-18$540.005/20/2026, 11:20:28 PM
2026-10-16$505.005/20/2026, 11:20:28 PM
2026-11-20$500.005/20/2026, 11:20:28 PM
2026-12-18$540.005/20/2026, 11:20:28 PM
2027-01-15$540.005/20/2026, 11:20:28 PM
2027-03-19$490.005/20/2026, 11:20:28 PM
Selected expiration: 2026-05-22 at max pain $495.00.
MA pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
35006077775060777750
36005611575056115750
3655005378475053785250
38020004679625046798250
39030004214225042145250
39535003981675039820250
40045003750325037507750
40595003521325035222750
410145003292675032941250
415195003064625030665750
420245002838025028404750
425425002613675026179250
430605002393275023993250
432.5705002283700022907500
435805002174425021824750
437.5905002066600020756500
4401005001959575019696250
442.51130001855450018667500
4451255001751675017642250
447.51380001650100016639000
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.