This page reflects MNTN options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 21, 2026 close
Max Pain — MNTN
Data as of market close May 21, 2026
Nearest listed expiration 2026-06-18 shows max pain at $10.00 (1.86 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.00
Nearest expiry
Expected Move
±$1.50
±18.4%
Days to Expiry
28
Calendar days
Total Call OI
2,825
Nearest expiry
Total Put OI
4,379
Nearest expiry
P/C OI Ratio
1.55
Put-heavy
Spot Price
$8.14
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
$10.00
4/17/2026, 11:25:51 PM
2026-05-15
$7.50
5/15/2026, 11:23:57 PM
2026-06-18NextUpdated
$10.00
5/21/2026, 11:24:40 PM
2026-09-18
$7.50
5/21/2026, 11:24:40 PM
2026-12-18
$7.50
5/21/2026, 11:24:40 PM
Selected expiration: 2026-06-18 at max pain $10.00.
MNTN pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
3174500
3174500
5
750
2079750
2080500
7.5
12000
985000
997000
10
84250
149000
233250
12.5
358250
53750
412000
15
877750
5750
883500
17.5
1471750
0
1471750
20
2159750
0
2159750
22.5
2847750
0
2847750
25
3537500
0
3537500
30
4923000
0
4923000
35
6335500
0
6335500
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.