This page reflects OMC 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 — OMC
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $75.00 (3.12 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$5.38
±7.5%
Days to Expiry
29
Calendar days
Total Call OI
1,549
Nearest expiry
Total Put OI
2,398
Nearest expiry
P/C OI Ratio
1.55
Put-heavy
Spot Price
$71.88
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
$75.00
4/17/2026, 11:22:06 PM
2026-05-15
$75.00
5/15/2026, 11:29:44 PM
2026-06-18NextUpdated
$75.00
5/20/2026, 11:24:37 PM
2026-07-17
$77.50
5/20/2026, 11:24:37 PM
2026-10-16
$80.00
5/20/2026, 11:24:37 PM
2026-11-20
$82.50
5/20/2026, 11:24:37 PM
2026-12-18
$82.50
5/20/2026, 11:24:37 PM
2027-01-15
$60.00
5/20/2026, 11:24:37 PM
2027-03-19
$60.00
5/20/2026, 11:24:37 PM
Selected expiration: 2026-06-18 at max pain $75.00.
OMC pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
2074000
2074000
65
0
878500
878500
67.5
0
475500
475500
70
0
272750
272750
72.5
250
150000
150250
75
24000
51500
75500
77.5
72750
10250
83000
80
174750
5250
180000
82.5
330500
2500
333000
85
524000
0
524000
87.5
734000
0
734000
90
953500
0
953500
95
1695000
0
1695000
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.