Direxion Daily Semiconductor Bull 3XClose $151.89EOD only
Max Pain
$150.00
Next expiry May 22, 2026
Expected Move
±$21.50
14.2% from close
Price Gap
-1.89
Distance to max pain
IV Rank
34
Middle-high premium
P/C OI
1.38
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: May 19, 2026 close
End-of-day snapshot
This page reflects SOXL options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 19, 2026 close
Max Pain — SOXL
Data as of market close May 19, 2026
Nearest listed expiration 2026-05-22 shows max pain at $150.00 (1.89 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$150.00
Nearest expiry
Expected Move
±$21.50
±14.2%
Days to Expiry
3
Calendar days
Total Call OI
58,637
Nearest expiry
Total Put OI
154,516
Nearest expiry
P/C OI Ratio
2.64
Put-heavy
Spot Price
$151.89
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
$135.00
5/8/2026, 11:30:59 PM
2026-05-15
$131.00
5/15/2026, 11:38:34 PM
2026-05-22NextUpdated
$150.00
5/19/2026, 11:36:24 PM
2026-05-29
$130.00
5/19/2026, 11:36:24 PM
2026-06-05
$140.00
5/19/2026, 11:36:24 PM
2026-06-12
$170.00
5/19/2026, 11:36:24 PM
2026-06-18
$110.00
5/19/2026, 11:36:24 PM
2026-06-26
$162.00
5/19/2026, 11:36:24 PM
2026-07-17
$100.00
5/19/2026, 11:36:24 PM
2026-08-21
$57.00
5/19/2026, 11:36:24 PM
2026-09-18
$90.00
5/19/2026, 11:36:24 PM
2026-11-20
$66.00
5/19/2026, 11:36:24 PM
2026-12-18
$80.00
5/19/2026, 11:36:24 PM
2027-01-15
$22.00
5/19/2026, 11:36:24 PM
Selected expiration: 2026-05-22 at max pain $150.00.
SOXL pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
1042458450
1042458450
30
3000
966855950
966858950
35
8500
893906950
893915450
40
15500
825273950
825289450
41
17900
812166350
812184250
42
20300
799166050
799186350
43
24400
786195450
786219850
44
31600
773239050
773270650
45
40400
760321050
760361450
46
64200
747453750
747517950
47
90400
734623150
734713550
47.5
105200
728218050
728323250
48
121000
721832650
721953650
48.5
138000
715450150
715588150
49
155350
709070950
709226300
49.5
172850
702719300
702892150
50
190650
696379600
696570250
50.5
217200
690168600
690385800
51
244000
683971100
684215100
51.5
273400
677782800
678056200
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.