This page reflects PUMP 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 — PUMP
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $15.00 (2.03 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$15.00
Nearest expiry
Expected Move
±$2.55
±15.0%
Days to Expiry
29
Calendar days
Total Call OI
6,467
Nearest expiry
Total Put OI
5,562
Nearest expiry
P/C OI Ratio
0.86
Put-heavy
Spot Price
$17.03
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
$12.50
4/17/2026, 11:24:23 PM
2026-05-15
$15.00
5/15/2026, 11:32:30 PM
2026-06-18NextUpdated
$15.00
5/20/2026, 11:26:30 PM
2026-07-17
$12.50
5/20/2026, 11:26:30 PM
2026-09-18
$15.00
5/20/2026, 11:26:30 PM
2026-12-18
$10.00
5/20/2026, 11:26:30 PM
Selected expiration: 2026-06-18 at max pain $15.00.
PUMP pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
6310500
6310500
5
26750
4921000
4947750
7.5
53500
3540000
3593500
10
140750
2178750
2319500
12.5
331500
1084750
1416250
15
785500
31500
817000
17.5
1744750
8750
1753500
20
3052500
5250
3057750
22.5
4656250
2750
4659000
25
6266500
500
6267000
30
9492500
0
9492500
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.