Mid-America Apartment CommunitiClose $130.26EOD only
Max Pain
$135.00
Next expiry Jun 18, 2026
Expected Move
±$6.42
4.9% from close
Price Gap
+4.74
Distance to max pain
IV Rank
15
Low premium
P/C OI
1.58
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects MAA 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 — MAA
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $135.00 (4.74 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$135.00
Nearest expiry
Expected Move
±$6.42
±4.9%
Days to Expiry
29
Calendar days
Total Call OI
1,201
Nearest expiry
Total Put OI
1,615
Nearest expiry
P/C OI Ratio
1.34
Put-heavy
Spot Price
$130.26
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$130.00
4/17/2026, 11:23:53 PM
2026-05-15
$125.00
5/15/2026, 11:25:21 PM
2026-06-18NextUpdated
$135.00
5/20/2026, 11:18:52 PM
2026-07-17
$130.00
5/20/2026, 11:18:52 PM
2026-09-18
$130.00
5/20/2026, 11:18:52 PM
2026-12-18
$140.00
5/20/2026, 11:18:52 PM
Selected expiration: 2026-06-18 at max pain $135.00.
MAA pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
80
0
6519500
6519500
90
0
4912500
4912500
95
0
4109000
4109000
100
0
3305500
3305500
105
500
2541500
2542000
110
1000
1874500
1875500
115
8500
1319500
1328000
120
16000
853000
869000
125
32000
492000
524000
130
55000
255500
310500
135
200000
52000
252000
140
393500
8500
402000
145
655500
2000
657500
150
1060500
1500
1062000
155
1613000
1000
1614000
160
2165500
500
2166000
165
2765000
0
2765000
180
4563500
0
4563500
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.