This page reflects SERV 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 — SERV
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $8.50 (0.12 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$8.50
Nearest expiry
Expected Move
±$0.43
±5.1%
Days to Expiry
2
Calendar days
Total Call OI
9,985
Nearest expiry
Total Put OI
7,445
Nearest expiry
P/C OI Ratio
0.75
Put-heavy
Spot Price
$8.38
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
$9.00
5/8/2026, 11:29:00 PM
2026-05-15
$9.00
5/15/2026, 11:39:44 PM
2026-05-22NextUpdated
$8.50
5/20/2026, 11:30:41 PM
2026-05-29
$9.00
5/20/2026, 11:30:41 PM
2026-06-05
$9.50
5/20/2026, 11:30:41 PM
2026-06-12
$9.00
5/20/2026, 11:30:41 PM
2026-06-18
$10.00
5/20/2026, 11:30:41 PM
2026-06-26
$10.00
5/20/2026, 11:30:41 PM
2026-07-17
$9.00
5/20/2026, 11:30:41 PM
2026-08-21
$10.00
5/20/2026, 11:30:41 PM
2026-09-18
$9.00
5/20/2026, 11:30:41 PM
2026-11-20
$8.00
5/20/2026, 11:30:41 PM
2026-12-18
$6.00
5/20/2026, 11:30:41 PM
2027-01-15
$10.00
5/20/2026, 11:30:41 PM
2027-02-19
$8.00
5/20/2026, 11:30:41 PM
Selected expiration: 2026-05-22 at max pain $8.50.
SERV pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
3812400
3812400
6
0
1579200
1579200
6.5
0
1207600
1207600
7
0
842000
842000
7.5
150
490050
490200
8
3500
263700
267200
8.5
28200
120650
148850
9
102900
73550
176450
9.5
242150
50950
293100
10
593350
32250
625600
10.5
998950
22400
1021350
11
1451800
13500
1465300
11.5
1931700
8350
1940050
12
2413950
4400
2418350
12.5
2905050
2400
2907450
13
3397550
1100
3398650
13.5
3891150
350
3891500
14
4389350
150
4389500
14.5
4888050
0
4888050
15
5386800
0
5386800
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.