Matthews International CorporatClose $27.12EOD only
Max Pain
$30.00
Next expiry Jun 18, 2026
Expected Move
±$3.52
13.0% from close
Price Gap
+2.88
Distance to max pain
IV Rank
15
Low premium
P/C OI
0.64
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects MATW 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 — MATW
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $30.00 (2.88 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$3.52
±13.0%
Days to Expiry
29
Calendar days
Total Call OI
711
Nearest expiry
Total Put OI
485
Nearest expiry
P/C OI Ratio
0.68
Put-heavy
Spot Price
$27.12
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
$25.00
4/17/2026, 11:24:36 PM
2026-05-15
$27.50
5/15/2026, 11:26:41 PM
2026-06-18NextUpdated
$30.00
5/20/2026, 11:18:39 PM
2026-07-17
$22.50
5/20/2026, 11:18:39 PM
2026-08-21
$27.50
5/20/2026, 11:18:39 PM
2026-09-18
$25.00
5/20/2026, 11:18:39 PM
2026-12-18
$25.00
5/20/2026, 11:18:39 PM
2027-01-15
$25.00
5/20/2026, 11:18:39 PM
Selected expiration: 2026-06-18 at max pain $30.00.
MATW pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
12.5
0
721000
721000
15
0
600250
600250
20
0
360250
360250
22.5
0
240250
240250
25
0
160000
160000
27.5
500
79750
80250
30
1500
0
1500
32.5
178500
0
178500
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.