This page reflects OKTA 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 — OKTA
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $84.00 (5.04 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$84.00
Nearest expiry
Expected Move
±$1.92
±2.2%
Days to Expiry
2
Calendar days
Total Call OI
6,840
Nearest expiry
Total Put OI
6,546
Nearest expiry
P/C OI Ratio
0.96
Put-heavy
Spot Price
$89.04
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
$78.00
5/8/2026, 11:25:29 PM
2026-05-15
$80.00
5/15/2026, 11:29:29 PM
2026-05-22NextUpdated
$84.00
5/20/2026, 11:27:19 PM
2026-05-29
$81.00
5/20/2026, 11:27:19 PM
2026-06-05
$77.00
5/20/2026, 11:27:19 PM
2026-06-12
$75.00
5/20/2026, 11:27:19 PM
2026-06-18
$82.50
5/20/2026, 11:27:19 PM
2026-06-26
$79.00
5/20/2026, 11:27:19 PM
2026-07-17
$80.00
5/20/2026, 11:27:19 PM
2026-08-21
$72.50
5/20/2026, 11:27:19 PM
2026-09-18
$82.50
5/20/2026, 11:27:19 PM
2026-11-20
$70.00
5/20/2026, 11:27:19 PM
2026-12-18
$75.00
5/20/2026, 11:27:19 PM
2027-01-15
$95.00
5/20/2026, 11:27:19 PM
2027-03-19
$75.00
5/20/2026, 11:27:19 PM
Selected expiration: 2026-05-22 at max pain $84.00.
OKTA pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
24891800
24891800
50
0
18346800
18346800
55
0
15081300
15081300
56
4000
14430000
14434000
57
8000
13782500
13790500
59
28800
12488100
12516900
60
39200
11841500
11880700
61
49600
11200600
11250200
62
60000
10561300
10621300
63
70400
9923900
9994300
64
80800
9288400
9369200
65
91900
8653100
8745000
66
103900
8068900
8172800
67
116400
7488800
7605200
68
129000
6913800
7042800
69
145800
6353300
6499100
70
162900
5796600
5959500
71
185600
5243500
5429100
72
208800
4691000
4899800
73
233700
4143300
4377000
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.