Nearest listed expiration 2026-06-12 shows max pain at $1540.00 (19.32 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$1540.00
Nearest expiry
Expected Move
±$189.85
±12.2%
Days to Expiry
7
Calendar days
Total Call OI
17,130
Nearest expiry
Total Put OI
34,181
Nearest expiry
P/C OI Ratio
2.00
Put-heavy
Spot Price
$1559.32
Published close
Consensus
6.0/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-12
Expiration
Max Pain Strike
Last Updated
2026-05-29
$1520.00
5/29/2026, 11:36:09 PM
2026-06-05Updated
$1660.00
6/5/2026, 11:40:33 PM
2026-06-12Next
$1540.00
6/5/2026, 11:40:33 PM
2026-06-18
$1030.00
6/5/2026, 11:40:33 PM
2026-06-26
$1550.00
6/5/2026, 11:40:33 PM
2026-07-02
$1660.00
6/5/2026, 11:40:33 PM
2026-07-10
$1645.00
6/5/2026, 11:40:33 PM
2026-07-17
$1500.00
6/5/2026, 11:40:33 PM
2026-08-21
$1350.00
6/5/2026, 11:40:33 PM
2026-09-18
$1250.00
6/5/2026, 11:40:33 PM
2026-10-16
$1620.00
6/5/2026, 11:40:33 PM
2026-11-20
$1370.00
6/5/2026, 11:40:33 PM
2026-12-18
$780.00
6/5/2026, 11:40:33 PM
2027-01-15
$750.00
6/5/2026, 11:40:33 PM
2027-02-19
$1390.00
6/5/2026, 11:40:33 PM
2027-03-19
$1960.00
6/5/2026, 11:40:33 PM
Selected expiration: 2026-06-12 at max pain $1540.00.
SNDK pain by strike for 2026-06-12 expiration
Strike
Call Pain
Put Pain
Total Pain
540
0
2366331500
2366331500
545
2000
2349264000
2349266000
550
4500
2332196500
2332201000
570
14500
2263964500
2263979000
575
17000
2246907000
2246924000
580
19500
2229885500
2229905000
585
22000
2212870500
2212892500
590
24500
2195858000
2195882500
595
27000
2178926500
2178953500
600
29500
2162038000
2162067500
605
32000
2145255500
2145287500
610
35000
2128478000
2128513000
615
38000
2111711500
2111749500
625
44000
2078193500
2078237500
630
47500
2061442000
2061489500
640
55500
2027959000
2028014500
645
60000
2011218000
2011278000
650
64500
1994485000
1994549500
655
69000
1977884000
1977953000
660
73500
1961284000
1961357500
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.