This page reflects SONY 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 — SONY
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $22.00 (0.82 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$22.00
Nearest expiry
Expected Move
±$0.57
±2.5%
Days to Expiry
2
Calendar days
Total Call OI
3,618
Nearest expiry
Total Put OI
1,639
Nearest expiry
P/C OI Ratio
0.45
Put-heavy
Spot Price
$22.82
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
$20.00
5/8/2026, 11:30:56 PM
2026-05-15
$20.50
5/15/2026, 11:36:30 PM
2026-05-22NextUpdated
$22.00
5/20/2026, 11:29:52 PM
2026-05-29
$22.00
5/20/2026, 11:29:52 PM
2026-06-05
$20.50
5/20/2026, 11:29:52 PM
2026-06-12
$22.00
5/20/2026, 11:29:52 PM
2026-06-18
$22.50
5/20/2026, 11:29:52 PM
2026-06-26
$22.00
5/20/2026, 11:29:52 PM
2026-07-17
$22.50
5/20/2026, 11:29:52 PM
2026-09-18
$20.00
5/20/2026, 11:29:52 PM
2026-10-16
$20.00
5/20/2026, 11:29:52 PM
2026-12-18
$20.00
5/20/2026, 11:29:52 PM
2027-01-15
$20.00
5/20/2026, 11:29:52 PM
Selected expiration: 2026-05-22 at max pain $22.00.
SONY pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
11
0
1636050
1636050
12
500
1472250
1472750
13
1100
1308450
1309550
14
1700
1144750
1146450
15
2400
981050
983450
17
4600
653650
658250
17.5
5250
572350
577600
18
5900
491950
497850
18.5
6550
412150
418700
19
7200
333150
340350
19.5
9250
256600
265850
20
11500
181000
192500
20.5
15200
137350
152550
21
21400
94850
116250
21.5
35750
56500
92250
22
56250
30550
86800
22.5
120300
12150
132450
23
203900
1700
205600
23.5
302300
350
302650
24
449700
300
450000
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.