Precision Drilling CorporationClose $98.05EOD only
Max Pain
$95.00
Next expiry Jun 18, 2026
Expected Move
±$4.05
4.1% from close
Price Gap
-3.05
Distance to max pain
IV Rank
8
Low premium
P/C OI
0.17
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects PDS 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 — PDS
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $95.00 (3.05 below 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
±$4.05
±4.1%
Days to Expiry
29
Calendar days
Total Call OI
593
Nearest expiry
Total Put OI
203
Nearest expiry
P/C OI Ratio
0.34
Put-heavy
Spot Price
$98.05
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
$75.00
4/17/2026, 11:23:44 PM
2026-05-15
$80.00
5/15/2026, 11:30:53 PM
2026-06-18NextUpdated
$95.00
5/20/2026, 11:24:43 PM
2026-09-18
$90.00
5/20/2026, 11:24:43 PM
2026-12-18
$75.00
5/20/2026, 11:24:43 PM
Selected expiration: 2026-06-18 at max pain $95.00.
PDS pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
961500
961500
50
0
860500
860500
55
0
760000
760000
60
0
660000
660000
65
0
560000
560000
70
500
463500
464000
75
1000
367500
368500
80
1500
272000
273500
85
8000
180000
188000
90
14500
90000
104500
95
24500
0
24500
100
36500
0
36500
105
235500
0
235500
110
442500
0
442500
120
1031500
0
1031500
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.