This page reflects SCCO 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 — SCCO
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $185.00 (10.91 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$185.00
Nearest expiry
Expected Move
±$6.65
±3.8%
Days to Expiry
2
Calendar days
Total Call OI
2,108
Nearest expiry
Total Put OI
6,593
Nearest expiry
P/C OI Ratio
3.13
Put-heavy
Spot Price
$174.09
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$180.00
5/8/2026, 11:28:11 PM
2026-05-15
$180.00
5/15/2026, 11:38:43 PM
2026-05-22NextUpdated
$185.00
5/20/2026, 11:28:15 PM
2026-05-29
$177.50
5/20/2026, 11:28:15 PM
2026-06-05
$170.00
5/20/2026, 11:28:15 PM
2026-06-12
$175.00
5/20/2026, 11:28:15 PM
2026-06-18
$185.00
5/20/2026, 11:28:15 PM
2026-06-26
$185.00
5/20/2026, 11:28:15 PM
2026-07-17
$180.00
5/20/2026, 11:28:15 PM
2026-08-21
$185.00
5/20/2026, 11:28:15 PM
2026-09-18
$185.00
5/20/2026, 11:28:15 PM
2026-11-20
$155.00
5/20/2026, 11:28:15 PM
2026-12-18
$170.00
5/20/2026, 11:28:15 PM
2027-01-15
$150.00
5/20/2026, 11:28:15 PM
Selected expiration: 2026-05-22 at max pain $185.00.
SCCO pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
100
0
43756500
43756500
105
0
40460500
40460500
110
0
37165000
37165000
120
0
30576000
30576000
125
0
27282500
27282500
130
0
23989500
23989500
135
0
20696500
20696500
140
0
17404500
17404500
142
0
16088300
16088300
145
0
14115500
14115500
150
0
10837500
10837500
155
0
7561500
7561500
160
0
4614000
4614000
162.5
0
3802250
3802250
165
0
2995000
2995000
167.5
0
2215500
2215500
170
0
1438500
1438500
172.5
1250
1095250
1096500
175
4250
753250
757500
177.5
12750
460000
472750
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.