Power Solutions International, Close $36.96EOD only
Max Pain
$45.00
Next expiry Jun 18, 2026
Expected Move
±$7.25
19.6% from close
Price Gap
+8.04
Distance to max pain
IV Rank
2
Low premium
P/C OI
0.45
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects PSIX 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 — PSIX
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $45.00 (8.04 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$45.00
Nearest expiry
Expected Move
±$7.25
±19.6%
Days to Expiry
29
Calendar days
Total Call OI
2,072
Nearest expiry
Total Put OI
836
Nearest expiry
P/C OI Ratio
0.40
Put-heavy
Spot Price
$36.96
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
$65.00
4/17/2026, 11:22:43 PM
2026-05-15
$50.00
5/15/2026, 11:30:11 PM
2026-06-18NextUpdated
$45.00
5/20/2026, 11:28:54 PM
2026-07-17
$45.00
5/20/2026, 11:28:54 PM
2026-08-21
$50.00
5/20/2026, 11:28:54 PM
2026-11-20
$35.00
5/20/2026, 11:28:54 PM
Selected expiration: 2026-06-18 at max pain $45.00.
PSIX pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
2361000
2361000
30
0
1578000
1578000
35
0
1212000
1212000
40
17000
902000
919000
45
89000
647000
736000
50
312000
474000
786000
55
610000
333500
943500
60
1043500
212500
1256000
65
1516500
123000
1639500
70
2008500
57000
2065500
75
2724000
0
2724000
80
3520500
0
3520500
85
4348000
0
4348000
90
5200500
0
5200500
95
6068000
0
6068000
100
6958000
0
6958000
105
7862500
0
7862500
110
8794000
0
8794000
115
9786500
0
9786500
120
10796500
0
10796500
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.