This page reflects PLAB 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 — PLAB
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $30.00 (19.83 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$9.80
±19.7%
Days to Expiry
29
Calendar days
Total Call OI
10,334
Nearest expiry
Total Put OI
1,057
Nearest expiry
P/C OI Ratio
0.10
Put-heavy
Spot Price
$49.83
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
$40.00
4/17/2026, 11:21:30 PM
2026-05-15
$45.00
5/15/2026, 11:27:03 PM
2026-06-18NextUpdated
$30.00
5/20/2026, 11:25:17 PM
2026-07-17
$40.00
5/20/2026, 11:25:17 PM
2026-09-18
$40.00
5/20/2026, 11:25:17 PM
2026-12-18
$30.00
5/20/2026, 11:25:17 PM
Selected expiration: 2026-06-18 at max pain $30.00.
PLAB pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
12.5
0
2570750
2570750
15
0
2306750
2306750
17.5
4500
2043750
2048250
20
11750
1785000
1796750
22.5
29750
1526250
1556000
25
50750
1270500
1321250
30
120250
778500
898750
35
638250
392000
1030250
40
1320250
170500
1490750
45
2392250
42500
2434750
50
3988750
4500
3993250
55
5910250
500
5910750
60
8926250
0
8926250
65
12230250
0
12230250
70
16474750
0
16474750
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.