This page reflects MNDY 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 — MNDY
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $70.00 (9.15 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$12.60
±15.9%
Days to Expiry
29
Calendar days
Total Call OI
4,609
Nearest expiry
Total Put OI
4,816
Nearest expiry
P/C OI Ratio
1.04
Put-heavy
Spot Price
$79.15
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
$65.00
4/17/2026, 11:18:21 PM
2026-05-15
$70.00
5/15/2026, 11:28:15 PM
2026-06-18NextUpdated
$70.00
5/20/2026, 11:25:03 PM
2026-07-17
$55.00
5/20/2026, 11:25:03 PM
2026-08-21
$85.00
5/20/2026, 11:25:03 PM
2026-11-20
$60.00
5/20/2026, 11:25:03 PM
2027-01-15
$80.00
5/20/2026, 11:25:03 PM
2027-02-19
$50.00
5/20/2026, 11:25:03 PM
Selected expiration: 2026-06-18 at max pain $70.00.
MNDY pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
13711500
13711500
40
0
11305000
11305000
45
0
8916000
8916000
50
500
6575500
6576000
55
11000
4445000
4456000
60
27500
2843000
2870500
65
177000
1454000
1631000
70
378000
360000
738000
75
690000
176500
866500
80
1387000
77500
1464500
85
2461000
25500
2486500
90
3900500
1500
3902000
95
5693500
500
5694000
100
7599000
0
7599000
105
9720000
0
9720000
110
11890000
0
11890000
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.