This page reflects QURE 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 — QURE
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $25.00 (0.40 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$25.00
Nearest expiry
Expected Move
±$5.80
±23.6%
Days to Expiry
29
Calendar days
Total Call OI
14,409
Nearest expiry
Total Put OI
3,654
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$24.60
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
$15.00
4/17/2026, 11:30:13 PM
2026-05-15
$20.00
5/15/2026, 11:32:37 PM
2026-06-18NextUpdated
$25.00
5/20/2026, 11:27:19 PM
2026-07-17
$16.00
5/20/2026, 11:27:19 PM
2026-10-16
$20.00
5/20/2026, 11:27:19 PM
2027-01-15
$15.00
5/20/2026, 11:27:19 PM
Selected expiration: 2026-06-18 at max pain $25.00.
QURE pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
9
0
4691100
4691100
10
0
4326200
4326200
11
3100
3962300
3965400
12
6400
3598500
3604900
13
10800
3234700
3245500
14
15200
2870900
2886100
15
20300
2526700
2547000
16
25500
2264700
2290200
17
32300
2002900
2035200
18
40200
1747500
1787700
19
52300
1501500
1553800
20
65800
1265600
1331400
21
119600
1046400
1166000
22
174100
828800
1002900
23
234600
624300
858900
24
313200
427900
741100
25
439100
235100
674200
26
1009200
137900
1147100
27
1584700
65300
1650000
28
2165300
33900
2199200
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.