This page reflects MDT 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 — MDT
Data as of market close May 19, 2026
Nearest listed expiration 2026-05-22 shows max pain at $76.00 (2.58 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$76.00
Nearest expiry
Expected Move
±$1.84
±2.3%
Days to Expiry
3
Calendar days
Total Call OI
10,429
Nearest expiry
Total Put OI
2,885
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$78.58
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
$80.00
5/8/2026, 11:22:59 PM
2026-05-15
$80.00
5/15/2026, 11:23:22 PM
2026-05-22NextUpdated
$76.00
5/19/2026, 11:22:56 PM
2026-05-29
$80.00
5/19/2026, 11:22:56 PM
2026-06-05
$77.00
5/19/2026, 11:22:56 PM
2026-06-12
$77.00
5/19/2026, 11:22:56 PM
2026-06-18
$82.50
5/19/2026, 11:22:56 PM
2026-06-26
$78.00
5/19/2026, 11:22:56 PM
2026-07-17
$80.00
5/19/2026, 11:22:56 PM
2026-08-21
$85.00
5/19/2026, 11:22:56 PM
2026-09-18
$75.00
5/19/2026, 11:22:56 PM
2026-11-20
$75.00
5/19/2026, 11:22:56 PM
2026-12-18
$85.00
5/19/2026, 11:22:56 PM
2027-01-15
$90.00
5/19/2026, 11:22:56 PM
2027-03-19
$80.00
5/19/2026, 11:22:56 PM
Selected expiration: 2026-05-22 at max pain $76.00.
MDT pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
3287800
3287800
70
1500
1845800
1847300
71
1800
1563300
1565100
72
2300
1282400
1284700
73
2900
1003300
1006200
74
3500
756600
760100
75
5200
557500
562700
76
72400
387200
459600
77
197100
300900
498000
78
469400
236600
706000
79
771400
182300
953700
80
1354500
146600
1501100
81
2056000
118100
2174100
82
2800300
90600
2890900
83
3561500
64200
3625700
84
4360400
37800
4398200
85
5164700
11500
5176200
86
5969600
10300
5979900
87
6780800
9100
6789900
88
7619600
8000
7627600
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.