This page reflects SNA 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 — SNA
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $370.00 (6.69 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$370.00
Nearest expiry
Expected Move
±$19.70
±5.4%
Days to Expiry
29
Calendar days
Total Call OI
272
Nearest expiry
Total Put OI
210
Nearest expiry
P/C OI Ratio
0.77
Put-heavy
Spot Price
$363.31
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
$360.00
4/17/2026, 11:28:25 PM
2026-05-15
$390.00
5/15/2026, 11:41:38 PM
2026-06-18NextUpdated
$370.00
5/20/2026, 11:31:20 PM
2026-09-18
$340.00
5/20/2026, 11:31:20 PM
2026-12-18
$380.00
5/20/2026, 11:31:20 PM
Selected expiration: 2026-06-18 at max pain $370.00.
SNA pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
200
0
2684000
2684000
240
0
1844000
1844000
250
0
1635000
1635000
260
0
1427000
1427000
270
0
1221000
1221000
280
0
1015000
1015000
290
0
875000
875000
300
0
735000
735000
310
0
601000
601000
320
1000
470000
471000
330
6000
360000
366000
340
13000
259000
272000
350
20000
174000
194000
360
35000
101000
136000
370
65000
43000
108000
380
123000
17000
140000
390
250000
9000
259000
400
429000
5000
434000
410
635000
3000
638000
420
877000
2000
879000
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.