This page reflects PLD 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 — PLD
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $130.00 (14.68 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$130.00
Nearest expiry
Expected Move
±$7.58
±5.2%
Days to Expiry
29
Calendar days
Total Call OI
10,428
Nearest expiry
Total Put OI
7,005
Nearest expiry
P/C OI Ratio
0.67
Put-heavy
Spot Price
$144.68
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
$135.00
4/17/2026, 11:23:32 PM
2026-05-15
$135.00
5/15/2026, 11:31:51 PM
2026-06-18NextUpdated
$130.00
5/20/2026, 11:26:00 PM
2026-07-17
$140.00
5/20/2026, 11:26:00 PM
2026-08-21
$140.00
5/20/2026, 11:26:00 PM
2026-09-18
$125.00
5/20/2026, 11:26:00 PM
2026-10-16
$135.00
5/20/2026, 11:26:00 PM
2026-11-20
$125.00
5/20/2026, 11:26:00 PM
2026-12-18
$130.00
5/20/2026, 11:26:00 PM
2027-01-15
$115.00
5/20/2026, 11:26:00 PM
2027-03-19
$130.00
5/20/2026, 11:26:00 PM
Selected expiration: 2026-06-18 at max pain $130.00.
PLD pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
45107000
45107000
60
0
38102000
38102000
65
500
34621500
34622000
70
1000
31146500
31147500
75
1500
27675000
27676500
80
2000
24203500
24205500
85
6500
21011500
21018000
90
11000
17835500
17846500
95
20000
15085500
15105500
100
35500
12335500
12371000
105
113000
9655000
9768000
110
224000
7363000
7587000
115
421500
5498500
5920000
120
716000
3705500
4421500
125
1102500
2311500
3414000
130
1575500
1154500
2730000
135
2987500
295000
3282500
140
4623500
47000
4670500
145
7291000
4500
7295500
150
11582000
2000
11584000
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.