Microchip Technology IncorporatClose $91.81EOD only
Max Pain
$90.00
Next expiry May 22, 2026
Expected Move
±$4.53
4.9% from close
Price Gap
-1.81
Distance to max pain
IV Rank
24
Low premium
P/C OI
0.30
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 19, 2026 close
End-of-day snapshot
This page reflects MCHP options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 19, 2026 close
Max Pain — MCHP
Data as of market close May 19, 2026
Nearest listed expiration 2026-05-22 shows max pain at $90.00 (1.81 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$90.00
Nearest expiry
Expected Move
±$4.53
±4.9%
Days to Expiry
3
Calendar days
Total Call OI
8,639
Nearest expiry
Total Put OI
1,576
Nearest expiry
P/C OI Ratio
0.18
Put-heavy
Spot Price
$91.81
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
$95.00
5/8/2026, 11:21:28 PM
2026-05-15
$83.00
5/15/2026, 11:22:48 PM
2026-05-22NextUpdated
$90.00
5/19/2026, 11:22:42 PM
2026-05-29
$96.00
5/19/2026, 11:22:42 PM
2026-06-05
$92.00
5/19/2026, 11:22:42 PM
2026-06-12
$95.00
5/19/2026, 11:22:42 PM
2026-06-18
$55.00
5/19/2026, 11:22:42 PM
2026-06-26
$95.00
5/19/2026, 11:22:42 PM
2026-07-17
$75.00
5/19/2026, 11:22:42 PM
2026-09-18
$75.00
5/19/2026, 11:22:42 PM
2026-10-16
$87.50
5/19/2026, 11:22:42 PM
2026-12-18
$77.50
5/19/2026, 11:22:42 PM
2027-01-15
$67.50
5/19/2026, 11:22:42 PM
2027-03-19
$80.00
5/19/2026, 11:22:42 PM
Selected expiration: 2026-05-22 at max pain $90.00.
MCHP pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
7671700
7671700
54
0
5468100
5468100
57
0
4996500
4996500
58
100
4839300
4839400
60
500
4524900
4525400
62
900
4211100
4212000
65
1500
3740700
3742200
66
1800
3586100
3587900
67
2200
3431600
3433800
68
2900
3277400
3280300
69
3700
3123200
3126900
70
4800
2969000
2973800
71
6300
2815200
2821500
72
8200
2661400
2669600
73
10100
2507700
2517800
74
13100
2354400
2367500
75
17700
2201100
2218800
76
53500
2056600
2110100
77
89400
1912100
2001500
78
125400
1767600
1893000
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.