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NEM

Newmont CorporationClose $107.39EOD only
Max Pain
$114.00
Next expiry May 22, 2026
Expected Move
±$3.54
3.3% from close
Price Gap
+6.61
Distance to max pain
IV Rank
7
Low premium
P/C OI
0.77
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects NEM 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 — NEM
Data as of market close May 20, 2026
Open Available Reports (4/4)

Nearest listed expiration 2026-05-22 shows max pain at $114.00 (6.61 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$114.00
Nearest expiry
Expected Move
±$3.54
±3.3%
Days to Expiry
2
Calendar days
Total Call OI
4,842
Nearest expiry
Total Put OI
6,827
Nearest expiry
P/C OI Ratio
1.41
Put-heavy
Spot Price
$107.39
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$111.005/8/2026, 11:21:32 PM
2026-05-15$111.005/15/2026, 11:25:07 PM
2026-05-22NextUpdated$114.005/20/2026, 11:20:23 PM
2026-05-29$111.005/20/2026, 11:20:23 PM
2026-06-05$105.005/20/2026, 11:20:23 PM
2026-06-12$111.005/20/2026, 11:20:23 PM
2026-06-18$95.005/20/2026, 11:20:23 PM
2026-06-26$110.005/20/2026, 11:20:23 PM
2026-07-17$115.005/20/2026, 11:20:23 PM
2026-08-21$110.005/20/2026, 11:20:23 PM
2026-09-18$100.005/20/2026, 11:20:23 PM
2026-12-18$70.005/20/2026, 11:20:23 PM
2027-01-15$70.005/20/2026, 11:20:23 PM
2027-03-19$97.505/20/2026, 11:20:23 PM
Selected expiration: 2026-05-22 at max pain $114.00.
NEM pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
6502768600027686000
7030002427250024275500
7590002085900020868000
80175001744550017463000
85380001403350014071500
87468001269810012744900
88512001203050012081700
90620001069550010757500
9310370087407008844400
9411770081294008247100
9513170075185007650200
9614680069341007080900
9716190063502006512100
9817710057681005945200
9919250052631005455600
10020850047802004988700
10122930043223004551600
10225020038700004120200
10327140034487003720100
10429280030409003333700
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.