This page reflects ONDS options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 19, 2026 close
Max Pain — ONDS
Data as of market close May 19, 2026
Nearest listed expiration 2026-05-22 shows max pain at $10.00 (0.88 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.00
Nearest expiry
Expected Move
±$0.67
±7.3%
Days to Expiry
3
Calendar days
Total Call OI
106,449
Nearest expiry
Total Put OI
91,007
Nearest expiry
P/C OI Ratio
0.85
Put-heavy
Spot Price
$9.13
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
$10.00
5/8/2026, 11:23:02 PM
2026-05-15
$10.00
5/15/2026, 11:28:12 PM
2026-05-22NextUpdated
$10.00
5/19/2026, 11:28:34 PM
2026-05-29
$10.00
5/19/2026, 11:28:34 PM
2026-06-05
$10.00
5/19/2026, 11:28:34 PM
2026-06-12
$10.00
5/19/2026, 11:28:34 PM
2026-06-18
$10.00
5/19/2026, 11:28:34 PM
2026-06-26
$9.50
5/19/2026, 11:28:34 PM
2026-07-17
$11.00
5/19/2026, 11:28:34 PM
2026-09-18
$10.00
5/19/2026, 11:28:34 PM
2026-12-18
$9.00
5/19/2026, 11:28:34 PM
2027-01-15
$7.50
5/19/2026, 11:28:34 PM
Selected expiration: 2026-05-22 at max pain $10.00.
ONDS pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
55298900
55298900
4
2000
46201100
46203100
5
5800
37103300
37109100
5.5
8100
32561950
32570050
6
10400
28025550
28035950
6.5
13950
23644100
23658050
7
24600
19296400
19321000
7.5
60550
15044550
15105100
8
111250
11154150
11265400
8.5
180400
7828550
8008950
9
282050
4721050
5003100
9.5
480500
2729850
3210350
10
843750
1344600
2188350
10.5
1696050
693350
2389400
11
3169000
328800
3497800
11.5
5403950
167150
5571100
12
8062100
100200
8162300
12.5
11639050
67350
11706400
13
15721300
44750
15766050
13.5
20375150
30400
20405550
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.