This page reflects POWI 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 — POWI
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $70.00 (0.87 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$11.50
±16.6%
Days to Expiry
29
Calendar days
Total Call OI
2,381
Nearest expiry
Total Put OI
602
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$69.13
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
$35.00
4/17/2026, 11:24:29 PM
2026-05-15
$65.00
5/15/2026, 11:29:13 PM
2026-06-18NextUpdated
$70.00
5/20/2026, 11:25:14 PM
2026-07-17
$50.00
5/20/2026, 11:25:14 PM
2026-10-16
$65.00
5/20/2026, 11:25:14 PM
2026-11-20
$70.00
5/20/2026, 11:25:14 PM
Selected expiration: 2026-06-18 at max pain $70.00.
POWI pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
2113500
2113500
55
0
911500
911500
60
500
611000
611500
65
15000
322000
337000
70
106000
34500
140500
75
230500
12500
243000
80
440500
0
440500
85
1509500
0
1509500
90
2582500
0
2582500
95
3671500
0
3671500
100
4820500
0
4820500
105
6000500
0
6000500
110
7184000
0
7184000
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.