This page reflects PCAR 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 — PCAR
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $113.60 (1.96 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$113.60
Nearest expiry
Expected Move
±$7.65
±6.8%
Days to Expiry
29
Calendar days
Total Call OI
2,382
Nearest expiry
Total Put OI
1,106
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$111.64
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
$115.00
4/17/2026, 11:23:20 PM
2026-05-15
$120.00
5/15/2026, 11:32:50 PM
2026-06-18NextUpdated
$113.60
5/20/2026, 11:30:08 PM
2026-07-17
$110.00
5/20/2026, 11:30:08 PM
2026-08-21
$115.00
5/20/2026, 11:30:08 PM
2026-09-18
$113.60
5/20/2026, 11:30:08 PM
2026-11-20
$115.00
5/20/2026, 11:30:08 PM
2026-12-18
$100.00
5/20/2026, 11:30:08 PM
2027-01-15
$105.00
5/20/2026, 11:30:08 PM
2027-03-19
$130.00
5/20/2026, 11:30:08 PM
Selected expiration: 2026-06-18 at max pain $113.60.
PCAR pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
43.6
0
6191100
6191100
45
0
6036680
6036680
48.6
0
5640680
5640680
50
0
5487800
5487800
53.6
0
5097560
5097560
55
0
4947760
4947760
58.6
0
4567600
4567600
60
0
4422420
4422420
63.6
0
4055940
4055940
65
0
3916920
3916920
68.6
0
3568440
3568440
70
0
3438380
3438380
73.6
360
3104300
3104660
75
500
2980680
2981180
78.6
860
2664600
2665460
80
1000
2542380
2543380
83.6
1360
2229900
2231260
85
1500
2111180
2112680
88.6
1860
1806260
1808120
90
2840
1691460
1694300
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.