This page reflects MMYT 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 — MMYT
Data as of market close May 19, 2026
Nearest listed expiration 2026-06-18 shows max pain at $50.00 (8.54 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$50.00
Nearest expiry
Expected Move
±$6.48
±15.6%
Days to Expiry
30
Calendar days
Total Call OI
6,370
Nearest expiry
Total Put OI
2,035
Nearest expiry
P/C OI Ratio
0.32
Put-heavy
Spot Price
$41.46
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
$40.00
4/17/2026, 11:19:47 PM
2026-05-15
$45.00
5/15/2026, 11:23:42 PM
2026-06-18NextUpdated
$50.00
5/19/2026, 11:23:27 PM
2026-07-17
$45.00
5/19/2026, 11:23:27 PM
2026-08-21
$45.00
5/19/2026, 11:23:27 PM
2026-11-20
$30.00
5/19/2026, 11:23:27 PM
2026-12-18
$45.00
5/19/2026, 11:23:27 PM
Selected expiration: 2026-06-18 at max pain $50.00.
MMYT pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
22.5
0
4768750
4768750
30
3750
3242500
3246250
35
6250
2280500
2286750
40
8750
1504000
1512750
45
52250
1129000
1181250
50
156250
774500
930750
55
699250
454000
1153250
60
2247250
306500
2553750
65
3814250
159000
3973250
70
6383250
11500
6394750
75
9549750
8000
9557750
80
12718750
4500
12723250
85
15887750
1500
15889250
90
19061250
1000
19062250
95
22235750
500
22236250
100
25411250
0
25411250
105
28587250
0
28587250
110
31769750
0
31769750
115
34952750
0
34952750
135
47684750
0
47684750
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.