This page reflects POET 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 — POET
Data as of market close May 19, 2026
Nearest listed expiration 2026-05-22 shows max pain at $14.00 (0.93 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$14.00
Nearest expiry
Expected Move
±$1.79
±13.7%
Days to Expiry
3
Calendar days
Total Call OI
59,818
Nearest expiry
Total Put OI
108,447
Nearest expiry
P/C OI Ratio
1.81
Put-heavy
Spot Price
$13.07
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
$9.50
5/8/2026, 11:28:01 PM
2026-05-15
$12.00
5/15/2026, 11:32:49 PM
2026-05-22NextUpdated
$14.00
5/19/2026, 11:26:38 PM
2026-05-29
$13.00
5/19/2026, 11:26:38 PM
2026-06-05
$10.50
5/19/2026, 11:26:38 PM
2026-06-12
$13.00
5/19/2026, 11:26:38 PM
2026-06-18
$10.00
5/19/2026, 11:26:38 PM
2026-06-26
$13.00
5/19/2026, 11:26:38 PM
2026-07-17
$7.00
5/19/2026, 11:26:38 PM
2026-10-16
$8.00
5/19/2026, 11:26:38 PM
2026-11-20
$9.00
5/19/2026, 11:26:38 PM
2027-01-15
$5.00
5/19/2026, 11:26:38 PM
Selected expiration: 2026-05-22 at max pain $14.00.
POET pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
105354100
105354100
2
0
94509400
94509400
2.5
50
89087050
89087100
3
250
83664700
83664950
3.5
1350
78242350
78243700
4
2650
72820300
72822950
4.5
4800
67400100
67404900
5
7700
61988250
61995950
5.5
10900
56595300
56606200
6
14700
51244850
51259550
6.5
26500
46210200
46236700
7
43100
41204550
41247650
7.5
67450
36278350
36345800
8
99550
31395100
31494650
8.5
157450
27823450
27980900
9
226100
24306550
24532650
9.5
307900
21040150
21348050
10
413350
17804400
18217750
10.5
587750
14902900
15490650
11
785000
12035250
12820250
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.