Nearest listed expiration 2026-05-22 shows max pain at $16.00 (0.77 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$16.00
Nearest expiry
Expected Move
±$0.70
±4.6%
Days to Expiry
3
Calendar days
Total Call OI
174,369
Nearest expiry
Total Put OI
103,718
Nearest expiry
P/C OI Ratio
0.59
Put-heavy
Spot Price
$15.23
Published close
Consensus
7.5/10
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
$16.50
5/8/2026, 11:29:34 PM
2026-05-15
$16.50
5/15/2026, 11:41:53 PM
2026-05-22NextUpdated
$16.00
5/19/2026, 11:31:05 PM
2026-05-29
$16.50
5/19/2026, 11:31:05 PM
2026-06-05
$16.50
5/19/2026, 11:31:05 PM
2026-06-12
$16.00
5/19/2026, 11:31:05 PM
2026-06-18
$15.00
5/19/2026, 11:31:05 PM
2026-06-26
$16.00
5/19/2026, 11:31:05 PM
2026-07-17
$18.00
5/19/2026, 11:31:05 PM
2026-08-21
$18.00
5/19/2026, 11:31:05 PM
2026-09-18
$22.00
5/19/2026, 11:31:05 PM
2026-10-16
$17.00
5/19/2026, 11:31:05 PM
2026-11-20
$17.00
5/19/2026, 11:31:05 PM
2026-12-18
$20.00
5/19/2026, 11:31:05 PM
2027-01-15
$15.00
5/19/2026, 11:31:05 PM
2027-03-19
$17.00
5/19/2026, 11:31:05 PM
Selected expiration: 2026-05-22 at max pain $16.00.
SOFI pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
151961550
151961550
2
17600
141194650
141212250
3
46600
130427850
130474450
4
87400
119661150
119748550
5
140500
108894450
109034950
6
206100
98128250
98334350
7
275200
87362050
87637250
8
347800
76596250
76944050
9
421300
65846350
66267650
10
495600
55256850
55752450
11
573900
44671350
45245250
11.5
615000
39380700
39995700
12
657950
34095450
34753400
12.5
702100
28931950
29634050
13
746800
23802450
24549250
13.5
808050
18749050
19557100
14
872600
13849150
14721750
14.5
966200
9376150
10342350
15
1119550
5506200
6625750
15.5
1885250
3390250
5275500
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.