This page reflects OUST 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 — OUST
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $30.00 (0.87 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$2.42
±7.9%
Days to Expiry
2
Calendar days
Total Call OI
7,092
Nearest expiry
Total Put OI
4,327
Nearest expiry
P/C OI Ratio
0.61
Put-heavy
Spot Price
$30.87
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
$25.00
5/8/2026, 11:25:00 PM
2026-05-15
$25.00
5/15/2026, 11:29:15 PM
2026-05-22NextUpdated
$30.00
5/20/2026, 11:26:46 PM
2026-05-29
$27.00
5/20/2026, 11:26:46 PM
2026-06-05
$29.00
5/20/2026, 11:26:46 PM
2026-06-12
$27.00
5/20/2026, 11:26:46 PM
2026-06-18
$29.00
5/20/2026, 11:26:46 PM
2026-06-26
$28.00
5/20/2026, 11:26:46 PM
2026-07-17
$29.00
5/20/2026, 11:26:46 PM
2026-08-21
$23.00
5/20/2026, 11:26:46 PM
2026-11-20
$25.00
5/20/2026, 11:26:46 PM
2027-01-15
$20.00
5/20/2026, 11:26:46 PM
Selected expiration: 2026-05-22 at max pain $30.00.
OUST pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
10
0
7682750
7682750
11
0
7250250
7250250
12
0
6817850
6817850
13
0
6385750
6385750
14
0
5953750
5953750
15
300
5522050
5522350
16
600
5091050
5091650
17
900
4660650
4661550
18
1200
4231350
4232550
18.5
1500
4019550
4021050
19
1800
3808150
3809950
19.5
2350
3597450
3599800
20
2900
3387000
3389900
20.5
4200
3182200
3186400
21
5500
2977600
2983100
21.5
7250
2776450
2783700
22
9000
2575500
2584500
22.5
10750
2376950
2387700
23
12500
2179700
2192200
23.5
14900
1986650
2001550
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.