This page reflects SLAB 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 — SLAB
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $220.00 (3.11 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$220.00
Nearest expiry
Expected Move
±$4.88
±2.3%
Days to Expiry
29
Calendar days
Total Call OI
2,928
Nearest expiry
Total Put OI
5,477
Nearest expiry
P/C OI Ratio
1.87
Put-heavy
Spot Price
$216.89
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
$200.00
4/17/2026, 11:31:58 PM
2026-05-15
$220.00
5/15/2026, 11:36:19 PM
2026-06-18NextUpdated
$220.00
5/20/2026, 11:34:25 PM
2026-07-17
$200.00
5/20/2026, 11:34:25 PM
2026-08-21
$210.00
5/20/2026, 11:34:25 PM
2026-09-18
$210.00
5/20/2026, 11:34:25 PM
2026-10-16
$210.00
5/20/2026, 11:34:25 PM
2026-11-20
$220.00
5/20/2026, 11:34:25 PM
2026-12-18
$170.00
5/20/2026, 11:34:25 PM
Selected expiration: 2026-06-18 at max pain $220.00.
SLAB pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
105
0
16101000
16101000
110
0
14847000
14847000
120
0
12344000
12344000
130
0
10049000
10049000
150
0
6681000
6681000
160
0
4998000
4998000
170
0
3316000
3316000
175
0
2500500
2500500
180
0
1797500
1797500
185
0
1146000
1146000
190
0
539500
539500
195
0
197000
197000
200
0
32000
32000
210
0
11000
11000
220
2000
0
2000
230
167000
0
167000
250
3657000
0
3657000
260
5763000
0
5763000
270
8082000
0
8082000
280
10673000
0
10673000
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.