thetaOwl

MSM

MSC Industrial Direct Company, Close $106.17EOD only
Max Pain
$100.00
Next expiry Jun 18, 2026
Expected Move
±$4.15
3.9% from close
Price Gap
-6.17
Distance to max pain
IV Rank
11
Low premium
P/C OI
1.45
Slightly put-heavy
Consensus
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects MSM 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 — MSM
Data as of market close May 20, 2026

Nearest listed expiration 2026-06-18 shows max pain at $100.00 (6.17 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$4.15
±3.9%
Days to Expiry
29
Calendar days
Total Call OI
457
Nearest expiry
Total Put OI
914
Nearest expiry
P/C OI Ratio
2.00
Put-heavy
Spot Price
$106.17
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-06-18
ExpirationMax Pain StrikeLast Updated
2026-04-17$90.004/17/2026, 11:18:12 PM
2026-05-15$95.005/15/2026, 11:22:36 PM
2026-06-18NextUpdated$100.005/20/2026, 11:24:07 PM
2026-09-18$95.005/20/2026, 11:24:07 PM
2026-12-18$75.005/20/2026, 11:24:07 PM
Selected expiration: 2026-06-18 at max pain $100.00.
MSM pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
45046055004605500
60032495003249500
65200028040002806000
70400023650002369000
75600019260001932000
80800015150001523000
851750011070001124500
9045000702500747500
9582000298500380500
1001370000137000
1053055000305500
1104985000498500
1157235000723500
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.