This page reflects PLUS options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 19, 2026 close
Max Pain — PLUS
Data as of market close May 19, 2026
Nearest listed expiration 2026-06-18 shows max pain at $80.00 (1.94 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$9.23
±11.3%
Days to Expiry
30
Calendar days
Total Call OI
88
Nearest expiry
Total Put OI
63
Nearest expiry
P/C OI Ratio
0.72
Put-heavy
Spot Price
$81.94
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
2026-06-18NextUpdated
$80.00
5/19/2026, 11:30:04 PM
2026-09-18
$90.00
5/19/2026, 11:30:04 PM
Selected expiration: 2026-06-18 at max pain $80.00.
PLUS pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
124000
124000
70
0
93000
93000
75
1000
69000
70000
80
4500
50000
54500
85
23000
36000
59000
90
54500
22500
77000
95
88000
13500
101500
100
121500
4500
126000
105
155500
0
155500
110
196500
0
196500
125
327000
0
327000
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.