This page reflects QGEN 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 — QGEN
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $35.00 (0.09 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$35.00
Nearest expiry
Expected Move
±$3.00
±8.6%
Days to Expiry
29
Calendar days
Total Call OI
11,652
Nearest expiry
Total Put OI
1,225
Nearest expiry
P/C OI Ratio
0.11
Put-heavy
Spot Price
$35.09
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
$45.00
4/17/2026, 11:25:18 PM
2026-05-15
$35.00
5/15/2026, 11:28:15 PM
2026-06-18NextUpdated
$35.00
5/20/2026, 11:29:58 PM
2026-08-21
$40.00
5/20/2026, 11:29:58 PM
2026-11-20
$40.00
5/20/2026, 11:29:58 PM
2026-12-18
$40.00
5/20/2026, 11:29:58 PM
Selected expiration: 2026-06-18 at max pain $35.00.
QGEN pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
22.5
0
1580000
1580000
30
0
662000
662000
35
4500
218500
223000
40
171000
82000
253000
45
1469500
61500
1531000
50
3045000
41000
3086000
55
7091000
20500
7111500
60
11929000
0
11929000
65
17183000
0
17183000
70
22959000
0
22959000
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.