Nearest listed expiration 2026-05-22 shows max pain at $700.00 (1.26 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$700.00
Nearest expiry
Expected Move
±$58.15
±8.3%
Days to Expiry
3
Calendar days
Total Call OI
181,745
Nearest expiry
Total Put OI
257,040
Nearest expiry
P/C OI Ratio
1.41
Put-heavy
Spot Price
$698.74
Published close
Consensus
7.0/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$600.00
5/8/2026, 11:23:05 PM
2026-05-15
$625.00
5/15/2026, 11:31:37 PM
2026-05-22NextUpdated
$700.00
5/19/2026, 11:27:53 PM
2026-05-29
$660.00
5/19/2026, 11:27:53 PM
2026-06-05
$660.00
5/19/2026, 11:27:53 PM
2026-06-12
$700.00
5/19/2026, 11:27:53 PM
2026-06-18
$440.00
5/19/2026, 11:27:53 PM
2026-06-26
$735.00
5/19/2026, 11:27:53 PM
2026-07-17
$460.00
5/19/2026, 11:27:53 PM
2026-08-21
$450.00
5/19/2026, 11:27:53 PM
2026-09-18
$430.00
5/19/2026, 11:27:53 PM
2026-10-16
$460.00
5/19/2026, 11:27:53 PM
2026-11-20
$490.00
5/19/2026, 11:27:53 PM
2026-12-18
$360.00
5/19/2026, 11:27:53 PM
2027-01-15
$350.00
5/19/2026, 11:27:53 PM
2027-03-19
$520.00
5/19/2026, 11:27:53 PM
Selected expiration: 2026-05-22 at max pain $700.00.
MU pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
12978406250
12978406250
40
50500
12849891250
12849941750
45
107000
12721482750
12721589750
50
163500
12593081250
12593244750
55
229500
12464791750
12465021250
60
297000
12336532250
12336829250
65
365000
12208295250
12208660250
70
433500
12080073250
12080506750
75
502000
11951858250
11952360250
80
570500
11823654750
11824225250
85
639000
11695456750
11696095750
90
709000
11567263750
11567972750
95
780000
11439081750
11439861750
100
853000
11310909750
11311762750
105
926000
11182743250
11183669250
110
999000
11054581250
11055580250
115
1072500
10926425250
10927497750
120
1147000
10798276750
10799423750
125
1222500
10670134250
10671356750
130
1299000
10541996250
10543295250
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.