This page reflects MUSA 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 — MUSA
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $580.00 (24.36 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$580.00
Nearest expiry
Expected Move
±$23.10
±4.2%
Days to Expiry
29
Calendar days
Total Call OI
63
Nearest expiry
Total Put OI
260
Nearest expiry
P/C OI Ratio
4.13
Put-heavy
Spot Price
$555.64
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
$480.00
4/17/2026, 11:21:38 PM
2026-05-15
$520.00
5/15/2026, 11:25:37 PM
2026-06-18NextUpdated
$580.00
5/20/2026, 11:24:20 PM
2026-07-17
$460.00
5/20/2026, 11:24:20 PM
2026-10-16
$450.00
5/20/2026, 11:24:20 PM
2026-12-18
$500.00
5/20/2026, 11:24:20 PM
2027-01-15
$610.00
5/20/2026, 11:24:20 PM
Selected expiration: 2026-06-18 at max pain $580.00.
MUSA pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
400
0
2460000
2460000
450
0
1165000
1165000
460
0
917000
917000
470
0
799000
799000
480
0
688000
688000
490
0
578000
578000
500
0
469000
469000
510
2000
363000
365000
520
4000
259000
263000
530
7000
155000
162000
540
11000
64000
75000
550
17000
52000
69000
560
23000
42000
65000
580
39000
22000
61000
590
51000
12000
63000
600
65000
5000
70000
610
121000
4000
125000
620
180000
3000
183000
650
369000
0
369000
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.