thetaOwl

SEI

Solaris Energy Infrastructure, Close $71.45EOD only
Max Pain
$70.00
Next expiry Jun 18, 2026
Expected Move
±$13.50
18.9% from close
Price Gap
-1.45
Distance to max pain
IV Rank
0
Low premium
P/C OI
0.98
Balanced positioning
Consensus
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects SEI 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 — SEI
Data as of market close May 20, 2026

Nearest listed expiration 2026-06-18 shows max pain at $70.00 (1.45 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$13.50
±18.9%
Days to Expiry
29
Calendar days
Total Call OI
4,335
Nearest expiry
Total Put OI
7,095
Nearest expiry
P/C OI Ratio
1.64
Put-heavy
Spot Price
$71.45
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-06-18
ExpirationMax Pain StrikeLast Updated
2026-04-17$60.004/17/2026, 11:25:47 PM
2026-05-15$65.005/15/2026, 11:36:30 PM
2026-06-18NextUpdated$70.005/20/2026, 11:31:22 PM
2026-07-17$72.505/20/2026, 11:31:22 PM
2026-08-21$57.505/20/2026, 11:31:22 PM
2026-11-20$50.005/20/2026, 11:31:22 PM
2027-01-15$60.005/20/2026, 11:31:22 PM
Selected expiration: 2026-06-18 at max pain $70.00.
SEI pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
27.502154475021544750
3001977100019771000
32.512501799725017998500
3525001622500016227500
4060001269750012703500
42.580001107825011086250
451000094602509470250
47.51200079640007976000
501400064900006504000
52.51650051537505170250
551900038270003846000
57.52150025725002594000
602475018865001911250
62.54475013207501365500
6573000800250873250
67.5168250370500538750
70265000166250431250
72.537975087500467250
7552250030000552500
77.569925010500709750
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.