Main Street Capital CorporationClose $51.22EOD only
Max Pain
$54.70
Next expiry Jun 18, 2026
Expected Move
±$12.90
25.2% from close
Price Gap
+3.48
Distance to max pain
IV Rank
32
Middle-high premium
P/C OI
1.30
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects MAIN 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 — MAIN
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $54.70 (3.48 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$54.70
Nearest expiry
Expected Move
±$12.90
±25.2%
Days to Expiry
29
Calendar days
Total Call OI
6,648
Nearest expiry
Total Put OI
7,614
Nearest expiry
P/C OI Ratio
1.15
Put-heavy
Spot Price
$51.22
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
$55.00
4/17/2026, 11:24:22 PM
2026-05-15
$54.70
5/15/2026, 11:26:40 PM
2026-06-18NextUpdated
$54.70
5/20/2026, 11:19:24 PM
2026-07-17
$50.00
5/20/2026, 11:19:24 PM
2026-09-18
$59.70
5/20/2026, 11:19:24 PM
2026-12-18
$55.00
5/20/2026, 11:19:24 PM
Selected expiration: 2026-06-18 at max pain $54.70.
MAIN pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
29.4
0
14990480
14990480
29.7
0
14764850
14764850
30
0
14541140
14541140
34.4
0
11277220
11277220
34.7
0
11056720
11056720
35
0
10837870
10837870
39.4
0
7650950
7650950
39.7
90
7441670
7441760
40
210
7238300
7238510
44.4
2850
4267860
4270710
44.7
3330
4084170
4087500
45
3810
3908970
3912780
49.4
10850
1353450
1364300
49.7
12740
1279560
1292300
50
15410
1223190
1238600
54.4
75250
431630
506880
54.7
102340
399590
501930
55
132490
376190
508680
59.4
612970
79190
692160
59.7
699700
65420
765120
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.