This page reflects MTCH 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 — MTCH
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $32.50 (3.49 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$32.50
Nearest expiry
Expected Move
±$2.73
±7.6%
Days to Expiry
29
Calendar days
Total Call OI
10,720
Nearest expiry
Total Put OI
3,072
Nearest expiry
P/C OI Ratio
0.29
Put-heavy
Spot Price
$35.99
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
$32.50
4/17/2026, 11:18:42 PM
2026-05-15
$35.00
5/15/2026, 11:24:48 PM
2026-06-18NextUpdated
$32.50
5/20/2026, 11:22:26 PM
2026-07-17
$37.50
5/20/2026, 11:22:26 PM
2026-09-18
$35.00
5/20/2026, 11:22:26 PM
2026-12-18
$35.00
5/20/2026, 11:22:26 PM
2027-01-15
$30.00
5/20/2026, 11:22:26 PM
Selected expiration: 2026-06-18 at max pain $32.50.
MTCH pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
17.5
0
4181250
4181250
20
500
3417750
3418250
22.5
1000
2685750
2686750
25
3250
1977750
1981000
27.5
10500
1283250
1293750
30
30750
729750
760500
32.5
88500
343000
431500
35
388000
64750
452750
37.5
1481500
17000
1498500
40
3611750
0
3611750
42.5
6096000
0
6096000
45
8667250
0
8667250
47.5
11344750
0
11344750
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.