What is NBIS max pain this week?

NBIS max pain for the nearest expiration (2026-05-22) is $210.00. Total call open interest: 54,145. Total put open interest: 83,386.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options NBISMax Pain

NBIS

Nebius Group N.V.Close $197.73EOD only

Max Pain

$210.00

Next expiry May 22, 2026

Expected Move

±$19.95

10.1% from close

Price Gap

+12.27

Distance to max pain

IV Rank

Middle-high premium

P/C OI

1.07

Balanced positioning

Consensus

4/4

Partial coverage

Published snapshot: May 19, 2026 close

End-of-day snapshot

This page reflects NBIS options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

May 19, 2026 close

Max Pain — NBIS

Data as of market close May 19, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-05-22 shows max pain at $210.00 (12.27 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$210.00

Nearest expiry

Expected Move

±$19.95

±10.1%

Days to Expiry

Calendar days

Total Call OI

54,145

Nearest expiry

Total Put OI

83,386

Nearest expiry

P/C OI Ratio

1.54

Put-heavy

Spot Price

$197.73

Published close

Consensus

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	$170.00	5/8/2026, 11:21:14 PM
2026-05-15	$170.00	5/15/2026, 11:25:19 PM
2026-05-22NextUpdated	$210.00	5/19/2026, 11:21:34 PM
2026-05-29	$187.50	5/19/2026, 11:21:34 PM
2026-06-05	$180.00	5/19/2026, 11:21:34 PM
2026-06-12	$210.00	5/19/2026, 11:21:34 PM
2026-06-18	$135.00	5/19/2026, 11:21:34 PM
2026-06-26	$192.50	5/19/2026, 11:21:34 PM
2026-07-17	$140.00	5/19/2026, 11:21:34 PM
2026-08-21	$130.00	5/19/2026, 11:21:34 PM
2026-09-18	$125.00	5/19/2026, 11:21:34 PM
2026-11-20	$180.00	5/19/2026, 11:21:34 PM
2026-12-18	$100.00	5/19/2026, 11:21:34 PM
2027-01-15	$80.00	5/19/2026, 11:21:34 PM
2027-03-19	$170.00	5/19/2026, 11:21:34 PM

Selected expiration: 2026-05-22 at max pain $210.00.

NBIS pain by strike for 2026-05-22 expiration
Strike	Call Pain	Put Pain	Total Pain
60	0	885165850	885165850
65	2000	843526850	843528850
70	5500	801984850	801990350
75	9500	760453850	760463350
80	14500	718941350	718955850
85	22000	678111350	678133350
90	31000	637433850	637464850
91	34000	629404350	629438350
92	37000	621376750	621413750
93	40500	613349750	613390250
94	44000	605325550	605369550
95	47700	597302650	597350350
96	51800	589292150	589343950
97	56000	581311550	581367550
98	60300	573332050	573392350
99	64600	565361450	565426050
100	69400	557443350	557512750
101	79600	549567350	549646950
102	92000	541696450	541788450
103	107700	533826650	533934350

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.