This page reflects SEIC 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 — SEIC
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $85.00 (5.77 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$85.00
Nearest expiry
Expected Move
±$4.33
±4.8%
Days to Expiry
29
Calendar days
Total Call OI
679
Nearest expiry
Total Put OI
1,134
Nearest expiry
P/C OI Ratio
1.67
Put-heavy
Spot Price
$90.77
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
$75.00
4/17/2026, 11:27:55 PM
2026-05-15
$85.00
5/15/2026, 11:35:21 PM
2026-06-18NextUpdated
$85.00
5/20/2026, 11:31:29 PM
2026-09-18
$80.00
5/20/2026, 11:31:29 PM
2026-12-18
$90.00
5/20/2026, 11:31:29 PM
Selected expiration: 2026-06-18 at max pain $85.00.
SEIC pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
2546000
2546000
60
0
1979000
1979000
65
12500
1412000
1424500
70
25000
845500
870500
75
37500
550500
588000
80
50000
276500
326500
85
64500
2500
67000
90
106500
0
106500
95
157000
0
157000
100
224000
0
224000
105
291500
0
291500
110
359500
0
359500
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.