This page reflects PCOR 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 — PCOR
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $50.00 (2.46 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$50.00
Nearest expiry
Expected Move
±$5.92
±12.5%
Days to Expiry
29
Calendar days
Total Call OI
799
Nearest expiry
Total Put OI
355
Nearest expiry
P/C OI Ratio
0.44
Put-heavy
Spot Price
$47.54
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
$67.50
4/17/2026, 11:25:37 PM
2026-05-15
$52.50
5/15/2026, 11:28:57 PM
2026-06-18NextUpdated
$50.00
5/20/2026, 11:25:51 PM
2026-07-17
$55.00
5/20/2026, 11:25:51 PM
2026-10-16
$50.00
5/20/2026, 11:25:51 PM
2027-01-15
$42.50
5/20/2026, 11:25:51 PM
Selected expiration: 2026-06-18 at max pain $50.00.
PCOR pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
32.5
0
411750
411750
37.5
1500
234750
236250
40
2250
147000
149250
42.5
3000
84750
87750
45
4500
42500
47000
47.5
7000
26000
33000
50
13000
14250
27250
52.5
24750
6750
31500
55
39500
2000
41500
57.5
63750
750
64500
60
89500
0
89500
62.5
140500
0
140500
65
204250
0
204250
70
435750
0
435750
75
806250
0
806250
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.