This page reflects SYRE 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 — SYRE
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $70.00 (1.92 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$11.40
±15.8%
Days to Expiry
29
Calendar days
Total Call OI
764
Nearest expiry
Total Put OI
928
Nearest expiry
P/C OI Ratio
1.21
Put-heavy
Spot Price
$71.92
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$45.00
4/17/2026, 11:31:06 PM
2026-05-15
$50.00
5/15/2026, 11:37:30 PM
2026-06-18NextUpdated
$70.00
5/20/2026, 11:32:09 PM
2026-09-18
$65.00
5/20/2026, 11:32:09 PM
2026-11-20
$75.00
5/20/2026, 11:32:09 PM
2026-12-18
$55.00
5/20/2026, 11:32:09 PM
Selected expiration: 2026-06-18 at max pain $70.00.
SYRE pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
12.5
0
3949250
3949250
15
0
3717500
3717500
17.5
750
3487500
3488250
20
1750
3260750
3262500
22.5
3500
3071750
3075250
25
5750
2883500
2889250
30
17750
2511000
2528750
35
29750
2139000
2168750
40
44750
1767000
1811750
45
68250
1395000
1463250
50
97750
1025000
1122750
55
132750
758000
890750
60
177750
498500
676250
65
229250
239000
468250
70
291750
68000
359750
75
484750
12000
496750
80
838250
0
838250
85
1215250
0
1215250
90
1594250
0
1594250
105
2735750
0
2735750
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.