Paylocity Holding CorporationClose $112.76EOD only
Max Pain
$110.00
Next expiry Jun 18, 2026
Expected Move
±$12.55
11.1% from close
Price Gap
-2.76
Distance to max pain
IV Rank
6
Low premium
P/C OI
0.77
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects PCTY 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 — PCTY
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $110.00 (2.76 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$110.00
Nearest expiry
Expected Move
±$12.55
±11.1%
Days to Expiry
29
Calendar days
Total Call OI
84
Nearest expiry
Total Put OI
215
Nearest expiry
P/C OI Ratio
2.56
Put-heavy
Spot Price
$112.76
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, 11:25:16 PM
2026-05-15
$120.00
5/15/2026, 11:31:08 PM
2026-06-18NextUpdated
$110.00
5/20/2026, 11:26:14 PM
2026-08-21
$110.00
5/20/2026, 11:26:14 PM
2026-11-20
$110.00
5/20/2026, 11:26:14 PM
Selected expiration: 2026-06-18 at max pain $110.00.
PCTY pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
630000
630000
60
0
530000
530000
65
0
434000
434000
70
0
364000
364000
75
0
296000
296000
80
0
229500
229500
85
0
169000
169000
90
0
109000
109000
95
0
64500
64500
100
0
28000
28000
105
0
10500
10500
110
4000
4000
8000
115
10500
0
10500
120
28000
0
28000
125
48500
0
48500
130
71500
0
71500
135
100000
0
100000
140
129000
0
129000
145
161500
0
161500
150
196500
0
196500
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.