This page reflects SEDG 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 — SEDG
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $54.00 (2.22 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$54.00
Nearest expiry
Expected Move
±$4.50
±8.0%
Days to Expiry
2
Calendar days
Total Call OI
9,021
Nearest expiry
Total Put OI
7,854
Nearest expiry
P/C OI Ratio
0.87
Put-heavy
Spot Price
$56.22
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
$40.00
5/8/2026, 11:30:28 PM
2026-05-15
$45.00
5/15/2026, 11:36:15 PM
2026-05-22NextUpdated
$54.00
5/20/2026, 11:33:24 PM
2026-05-29
$46.00
5/20/2026, 11:33:24 PM
2026-06-05
$46.00
5/20/2026, 11:33:24 PM
2026-06-12
$50.00
5/20/2026, 11:33:24 PM
2026-06-18
$42.50
5/20/2026, 11:33:24 PM
2026-06-26
$49.00
5/20/2026, 11:33:24 PM
2026-07-17
$50.00
5/20/2026, 11:33:24 PM
2026-08-21
$50.00
5/20/2026, 11:33:24 PM
2026-09-18
$40.00
5/20/2026, 11:33:24 PM
2026-10-16
$35.00
5/20/2026, 11:33:24 PM
2026-11-20
$40.00
5/20/2026, 11:33:24 PM
2026-12-18
$37.50
5/20/2026, 11:33:24 PM
2027-01-15
$32.50
5/20/2026, 11:33:24 PM
Selected expiration: 2026-05-22 at max pain $54.00.
SEDG pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
22874350
22874350
25
1500
18947350
18948850
27.5
2250
16990100
16992350
28
2450
16601600
16604050
28.5
2650
16216200
16218850
29
2850
15832250
15835100
29.5
3050
15450200
15453250
30
3250
15068250
15071500
30.5
4050
14690400
14694450
31
4850
14312750
14317600
31.5
5650
13936600
13942250
32
6450
13561850
13568300
32.5
7250
13195650
13202900
33
8100
12830150
12838250
33.5
8950
12467900
12476850
34
9800
12112950
12122750
34.5
10650
11767050
11777700
35
11500
11423200
11434700
35.5
12450
11084400
11096850
36
13400
10746550
10759950
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.