Natural Resource Partners LP LiClose $102.50EOD only
Max Pain
$115.00
Next expiry Jun 18, 2026
Expected Move
±$4.65
4.5% from close
Price Gap
+12.50
Distance to max pain
IV Rank
6
Low premium
P/C OI
2.82
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects NRP 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 — NRP
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $115.00 (12.50 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$115.00
Nearest expiry
Expected Move
±$4.65
±4.5%
Days to Expiry
29
Calendar days
Total Call OI
104
Nearest expiry
Total Put OI
26
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$102.50
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
$115.00
4/17/2026, 11:23:44 PM
2026-05-15
$100.00
5/15/2026, 11:27:45 PM
2026-06-18NextUpdated
$115.00
5/20/2026, 11:24:32 PM
2026-07-17
$110.00
5/20/2026, 11:24:32 PM
2026-10-16
$115.00
5/20/2026, 11:24:32 PM
2026-12-18
$100.00
5/20/2026, 11:24:32 PM
Selected expiration: 2026-06-18 at max pain $115.00.
NRP pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
154000
154000
80
0
102000
102000
90
0
76000
76000
95
500
63000
63500
100
1500
51000
52500
105
4500
39000
43500
110
9000
27500
36500
115
13500
19500
33000
120
36500
13000
49500
125
63000
6500
69500
130
109000
0
109000
135
160500
0
160500
140
212500
0
212500
145
264500
0
264500
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.