This page reflects SKLZ 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 — SKLZ
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $6.00 (1.21 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$6.00
Nearest expiry
Expected Move
±$2.00
±27.7%
Days to Expiry
29
Calendar days
Total Call OI
5,976
Nearest expiry
Total Put OI
1,166
Nearest expiry
P/C OI Ratio
0.20
Put-heavy
Spot Price
$7.21
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
$3.00
4/17/2026, 11:29:47 PM
2026-05-15
$7.00
5/15/2026, 11:34:41 PM
2026-06-18NextUpdated
$6.00
5/20/2026, 11:28:45 PM
2026-08-21
$7.00
5/20/2026, 11:28:45 PM
2026-11-20
$5.00
5/20/2026, 11:28:45 PM
2026-12-18
$5.00
5/20/2026, 11:28:45 PM
Selected expiration: 2026-06-18 at max pain $6.00.
SKLZ pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
447700
447700
2
200
331700
331900
3
500
221600
222100
4
4100
147300
151400
5
10500
85200
95700
6
21300
41500
62800
7
182000
10600
192600
8
371800
3100
374900
9
610700
2000
612700
10
875600
900
876500
11
1214600
500
1215100
12
1561100
400
1561500
13
2137800
300
2138100
14
2717200
200
2717400
15
3300700
100
3300800
16
3886500
0
3886500
19
5645400
0
5645400
20
6233000
0
6233000
22
7412600
0
7412600
23
8002500
0
8002500
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.