This page reflects SRPT 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 — SRPT
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $17.00 (0.12 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$17.00
Nearest expiry
Expected Move
±$0.57
±3.4%
Days to Expiry
2
Calendar days
Total Call OI
1,837
Nearest expiry
Total Put OI
784
Nearest expiry
P/C OI Ratio
0.43
Put-heavy
Spot Price
$17.12
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, 11:30:11 PM
2026-05-15
$18.50
5/15/2026, 11:38:43 PM
2026-05-22NextUpdated
$17.00
5/20/2026, 11:32:04 PM
2026-05-29
$19.00
5/20/2026, 11:32:04 PM
2026-06-05
$20.00
5/20/2026, 11:32:04 PM
2026-06-12
$22.00
5/20/2026, 11:32:04 PM
2026-06-18
$20.00
5/20/2026, 11:32:04 PM
2026-06-26
$20.00
5/20/2026, 11:32:04 PM
2026-07-17
$20.00
5/20/2026, 11:32:04 PM
2026-08-21
$20.00
5/20/2026, 11:32:04 PM
2026-11-20
$20.00
5/20/2026, 11:32:04 PM
2027-01-15
$20.00
5/20/2026, 11:32:04 PM
Selected expiration: 2026-05-22 at max pain $17.00.
SRPT pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
11
0
548650
548650
12
200
470250
470450
13
500
391850
392350
13.5
700
352650
353350
16
2450
156650
159100
16.5
2800
118500
121300
17
3200
84900
88100
17.5
39200
56300
95500
18
80500
35950
116450
18.5
140350
29750
170100
19
202850
24200
227050
19.5
273000
18650
291650
20
347250
13250
360500
20.5
425300
10100
435400
21
504800
6950
511750
21.5
586000
3800
589800
22
667500
3150
670650
22.5
756500
2550
759050
23
845750
1950
847700
23.5
935500
1350
936850
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.