Procter & Gamble Company (The)Close $142.44EOD only
Max Pain
$144.00
Next expiry May 22, 2026
Expected Move
±$2.38
1.7% from close
Price Gap
+1.56
Distance to max pain
IV Rank
13
Low premium
P/C OI
0.91
Balanced positioning
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects PG 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 — PG
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $144.00 (1.56 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$144.00
Nearest expiry
Expected Move
±$2.38
±1.7%
Days to Expiry
2
Calendar days
Total Call OI
6,495
Nearest expiry
Total Put OI
6,132
Nearest expiry
P/C OI Ratio
0.94
Put-heavy
Spot Price
$142.44
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
$145.00
5/8/2026, 11:25:59 PM
2026-05-15
$145.00
5/15/2026, 11:29:50 PM
2026-05-22NextUpdated
$144.00
5/20/2026, 11:28:56 PM
2026-05-29
$144.00
5/20/2026, 11:28:56 PM
2026-06-05
$145.00
5/20/2026, 11:28:56 PM
2026-06-12
$143.00
5/20/2026, 11:28:56 PM
2026-06-18
$145.00
5/20/2026, 11:28:56 PM
2026-06-26
$143.00
5/20/2026, 11:28:56 PM
2026-07-17
$145.00
5/20/2026, 11:28:56 PM
2026-08-21
$140.00
5/20/2026, 11:28:56 PM
2026-09-18
$150.00
5/20/2026, 11:28:56 PM
2026-10-16
$150.00
5/20/2026, 11:28:56 PM
2026-11-20
$145.00
5/20/2026, 11:28:56 PM
2026-12-18
$145.00
5/20/2026, 11:28:56 PM
2027-01-15
$150.00
5/20/2026, 11:28:56 PM
2027-03-19
$150.00
5/20/2026, 11:28:56 PM
Selected expiration: 2026-05-22 at max pain $144.00.
PG pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
95
0
27579800
27579800
115
0
15325800
15325800
125
0
9201800
9201800
128
0
7382000
7382000
129
100
6775400
6775500
130
200
6170800
6171000
131
2400
5576000
5578400
132
6300
4982000
4988300
133
10200
4395200
4405400
134
14200
3813600
3827800
135
18400
3254800
3273200
136
23000
2727700
2750700
137
27700
2228000
2255700
138
33000
1760000
1793000
139
40000
1353700
1393700
140
48700
988400
1037100
141
66400
683900
750300
142
94000
447400
541400
143
184300
273100
457400
144
289200
160600
449800
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.