Ollie's Bargain Outlet HoldingsClose $82.25EOD only
Max Pain
$80.00
Next expiry Jun 18, 2026
Expected Move
±$10.30
12.5% from close
Price Gap
-2.25
Distance to max pain
IV Rank
20
Low premium
P/C OI
0.31
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects OLLI 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 — OLLI
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $80.00 (2.25 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$10.30
±12.5%
Days to Expiry
29
Calendar days
Total Call OI
6,325
Nearest expiry
Total Put OI
346
Nearest expiry
P/C OI Ratio
0.05
Put-heavy
Spot Price
$82.25
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
$95.00
4/17/2026, 11:27:39 PM
2026-05-15
$80.00
5/15/2026, 11:27:11 PM
2026-06-18NextUpdated
$80.00
5/20/2026, 11:25:48 PM
2026-07-17
$95.00
5/20/2026, 11:25:48 PM
2026-10-16
$80.00
5/20/2026, 11:25:48 PM
2027-01-15
$95.00
5/20/2026, 11:25:48 PM
Selected expiration: 2026-06-18 at max pain $80.00.
OLLI pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
783500
783500
55
0
614000
614000
60
0
450500
450500
65
0
300500
300500
70
0
177000
177000
75
9500
90500
100000
80
49500
35000
84500
85
128500
4000
132500
90
601000
500
601500
95
2306500
0
2306500
100
4190500
0
4190500
105
6086500
0
6086500
110
8965000
0
8965000
115
11856500
0
11856500
120
14776500
0
14776500
125
17716000
0
17716000
130
20875000
0
20875000
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.