This page reflects SKYW 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 — SKYW
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $82.50 (0.79 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$82.50
Nearest expiry
Expected Move
±$7.05
±8.5%
Days to Expiry
29
Calendar days
Total Call OI
207
Nearest expiry
Total Put OI
151
Nearest expiry
P/C OI Ratio
0.73
Put-heavy
Spot Price
$83.29
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
$85.00
4/17/2026, 11:26:03 PM
2026-05-15
$82.50
5/15/2026, 11:39:46 PM
2026-06-18NextUpdated
$82.50
5/20/2026, 11:34:29 PM
2026-07-17
$105.00
5/20/2026, 11:34:29 PM
2026-10-16
$80.00
5/20/2026, 11:34:29 PM
Selected expiration: 2026-06-18 at max pain $82.50.
SKYW pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
193250
193250
70
0
122750
122750
75
0
57250
57250
77.5
0
32500
32500
80
0
20250
20250
82.5
4750
14750
19500
85
13000
9750
22750
87.5
26500
6250
32750
90
49250
2750
52000
92.5
77250
0
77250
95
126250
0
126250
100
226750
0
226750
105
328250
0
328250
110
430250
0
430250
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.