What is NIO max pain this week?

NIO max pain for the nearest expiration (2026-05-22) is $6.00. Total call open interest: 100,601. Total put open interest: 26,997.

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 NIOMax Pain

NIO

NIO Inc.Close $5.74EOD only

Max Pain

$6.00

Next expiry May 22, 2026

Expected Move

±$0.47

8.2% from close

Price Gap

+0.26

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.75

Slightly call-heavy

Consensus

4/4

Partial coverage

Published snapshot: May 19, 2026 close

End-of-day snapshot

This page reflects NIO 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 — NIO

Data as of market close May 19, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-05-22 shows max pain at $6.00 (0.26 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$6.00

Nearest expiry

Expected Move

±$0.47

±8.2%

Days to Expiry

Calendar days

Total Call OI

100,601

Nearest expiry

Total Put OI

26,997

Nearest expiry

P/C OI Ratio

0.27

Put-heavy

Spot Price

$5.74

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	$6.00	5/8/2026, 11:23:14 PM
2026-05-15	$5.00	5/15/2026, 11:27:26 PM
2026-05-22NextUpdated	$6.00	5/19/2026, 11:22:00 PM
2026-05-29	$6.00	5/19/2026, 11:22:00 PM
2026-06-05	$6.00	5/19/2026, 11:22:00 PM
2026-06-12	$6.00	5/19/2026, 11:22:00 PM
2026-06-18	$5.00	5/19/2026, 11:22:00 PM
2026-06-26	$6.00	5/19/2026, 11:22:00 PM
2026-07-17	$6.00	5/19/2026, 11:22:00 PM
2026-08-21	$5.00	5/19/2026, 11:22:00 PM
2026-11-20	$6.00	5/19/2026, 11:22:00 PM
2027-01-15	$5.00	5/19/2026, 11:22:00 PM

Selected expiration: 2026-05-22 at max pain $6.00.

NIO pain by strike for 2026-05-22 expiration
Strike	Call Pain	Put Pain	Total Pain
0.5	0	14516900	14516900
1	2850	13167050	13169900
1.5	14700	11817200	11831900
2	35050	10467350	10502400
2.5	57850	9117500	9175350
3	85100	7767650	7852750
3.5	115550	6417800	6533350
4	146550	5067950	5214500
4.5	179350	3720500	3899850
5	212900	2375050	2587950
5.5	276800	1163200	1440000
6	472000	365450	837450
6.5	1854700	49400	1904100
7	4618300	18900	4637200
7.5	8623500	6750	8630250
8	13288250	2500	13290750
8.5	18182850	850	18183700
9	23146300	350	23146650
9.5	28146150	150	28146300
10	33157750	0	33157750

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.