This page reflects ORLY 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 — ORLY
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $95.00 (2.78 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$95.00
Nearest expiry
Expected Move
±$5.83
±6.3%
Days to Expiry
29
Calendar days
Total Call OI
15,080
Nearest expiry
Total Put OI
6,840
Nearest expiry
P/C OI Ratio
0.45
Put-heavy
Spot Price
$92.22
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, 11:24:25 PM
2026-05-15
$90.00
5/15/2026, 11:28:47 PM
2026-06-18NextUpdated
$95.00
5/20/2026, 11:28:31 PM
2026-07-17
$90.00
5/20/2026, 11:28:31 PM
2026-08-21
$95.00
5/20/2026, 11:28:31 PM
2026-09-18
$94.67
5/20/2026, 11:28:31 PM
2026-11-20
$85.00
5/20/2026, 11:28:31 PM
2026-12-18
$90.00
5/20/2026, 11:28:31 PM
2027-01-15
$90.00
5/20/2026, 11:28:31 PM
2027-03-19
$80.00
5/20/2026, 11:28:31 PM
Selected expiration: 2026-06-18 at max pain $95.00.
ORLY pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
26651500
26651500
55
1500
23231500
23233000
65
5500
16392500
16398000
70
7500
12973500
12981000
75
10000
9573500
9583500
80
13500
6501500
6515000
85
47500
3888500
3936000
90
104500
1797500
1902000
95
245000
356000
601000
100
3148000
109000
3257000
105
8872500
1500
8874000
110
15707000
0
15707000
115
22926500
0
22926500
120
30277500
0
30277500
125
37628500
0
37628500
130
45039500
0
45039500
135
52570500
0
52570500
140
60103000
0
60103000
145
67641500
0
67641500
150
75180500
0
75180500
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.