Nearest listed expiration 2026-05-22 shows max pain at $212.50 (8.11 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$212.50
Nearest expiry
Expected Move
±$13.50
±6.1%
Days to Expiry
3
Calendar days
Total Call OI
707,160
Nearest expiry
Total Put OI
404,945
Nearest expiry
P/C OI Ratio
0.57
Put-heavy
Spot Price
$220.61
Published close
Consensus
7.0/10
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
2026-05-15
$200.00
5/15/2026, 11:29:41 PM
2026-05-18
$220.00
5/15/2026, 11:29:41 PM
2026-05-22NextUpdated
$212.50
5/19/2026, 11:25:55 PM
2026-05-26
$217.50
5/19/2026, 11:25:55 PM
2026-05-27
$230.00
5/19/2026, 11:25:55 PM
2026-05-29
$200.00
5/19/2026, 11:25:55 PM
2026-06-05
$200.00
5/19/2026, 11:25:55 PM
2026-06-12
$215.00
5/19/2026, 11:25:55 PM
2026-06-18
$165.00
5/19/2026, 11:25:55 PM
2026-06-26
$220.00
5/19/2026, 11:25:55 PM
2026-07-17
$195.00
5/19/2026, 11:25:55 PM
2026-08-21
$190.00
5/19/2026, 11:25:55 PM
2026-09-18
$175.00
5/19/2026, 11:25:55 PM
2026-10-16
$200.00
5/19/2026, 11:25:55 PM
2026-11-20
$195.00
5/19/2026, 11:25:55 PM
2026-12-18
$110.00
5/19/2026, 11:25:55 PM
2027-01-15
$160.00
5/19/2026, 11:25:55 PM
2027-03-19
$195.00
5/19/2026, 11:25:55 PM
Selected expiration: 2026-05-22 at max pain $212.50.
NVDA pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
5170509500
5170509500
55
12000
4968144500
4968156500
60
26500
4765860500
4765887000
65
52000
4563854000
4563906000
70
79500
4363337000
4363416500
75
124500
4162820000
4162944500
80
171500
3962639500
3962811000
85
221000
3762711000
3762932000
90
315000
3567987000
3568302000
95
432000
3374275000
3374707000
100
554500
3181340500
3181895000
105
707500
2992429000
2993136500
110
901000
2805900500
2806801500
115
1115000
2624211000
2625326000
120
1366500
2455313000
2456679500
125
1761000
2290951500
2292712500
130
2169000
2130417000
2132586000
135
2637000
1973594000
1976231000
140
3122500
1818019000
1821141500
145
3769500
1667101500
1670871000
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.