What is SNOW max pain this week?

SNOW max pain for the nearest expiration (2026-05-22) is $155.00. Total call open interest: 24,519. Total put open interest: 16,960.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options SNOWMax Pain

SNOW

Snowflake Inc.Close $166.97EOD only

Max Pain

$155.00

Next expiry May 22, 2026

Expected Move

±$7.90

4.7% from close

Price Gap

-11.97

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.86

Slightly call-heavy

Consensus

4/4

Partial coverage

Published snapshot: May 20, 2026 close

End-of-day snapshot

This page reflects SNOW 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 — SNOW

Data as of market close May 20, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-05-22 shows max pain at $155.00 (11.97 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$155.00

Nearest expiry

Expected Move

±$7.90

±4.7%

Days to Expiry

Calendar days

Total Call OI

24,519

Nearest expiry

Total Put OI

16,960

Nearest expiry

P/C OI Ratio

0.69

Put-heavy

Spot Price

$166.97

Published close

Consensus

Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration

Selected: 2026-05-22

Expiration	Max Pain Strike	Last Updated
2026-05-08	$140.00	5/8/2026, 11:31:55 PM
2026-05-15	$147.00	5/15/2026, 11:38:22 PM
2026-05-22NextUpdated	$155.00	5/20/2026, 11:32:19 PM
2026-05-29	$150.00	5/20/2026, 11:32:19 PM
2026-06-05	$145.00	5/20/2026, 11:32:19 PM
2026-06-12	$145.00	5/20/2026, 11:32:19 PM
2026-06-18	$165.00	5/20/2026, 11:32:19 PM
2026-06-26	$130.00	5/20/2026, 11:32:19 PM
2026-07-17	$155.00	5/20/2026, 11:32:19 PM
2026-08-21	$145.00	5/20/2026, 11:32:19 PM
2026-09-18	$180.00	5/20/2026, 11:32:19 PM
2026-10-16	$150.00	5/20/2026, 11:32:19 PM
2026-11-20	$155.00	5/20/2026, 11:32:19 PM
2026-12-18	$170.00	5/20/2026, 11:32:19 PM
2027-01-15	$180.00	5/20/2026, 11:32:19 PM
2027-03-19	$180.00	5/20/2026, 11:32:19 PM

Selected expiration: 2026-05-22 at max pain $155.00.

SNOW pain by strike for 2026-05-22 expiration
Strike	Call Pain	Put Pain	Total Pain
75	0	108252950	108252950
80	1500	99772950	99774450
85	4500	91307450	91311950
90	7500	82857950	82865450
95	12500	74413950	74426450
100	18000	66012450	66030450
105	25000	57668950	57693950
109	30600	51021350	51051950
110	32000	49365350	49397350
111	33500	47739150	47772650
112	35000	46115450	46150450
113	36500	44494050	44530550
114	38000	42890150	42928150
115	39500	41292450	41331950
116	42500	39709850	39752350
117	45500	38131550	38177050
118	48500	36555350	36603850
119	51500	34989250	35040750
120	54500	33428550	33483050
121	61800	32115450	32177250

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.