This page reflects SYY 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 — SYY
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $75.00 (0.46 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$3.90
±5.2%
Days to Expiry
29
Calendar days
Total Call OI
39,371
Nearest expiry
Total Put OI
8,935
Nearest expiry
P/C OI Ratio
0.23
Put-heavy
Spot Price
$75.46
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
$72.50
4/17/2026, 11:27:44 PM
2026-05-15
$75.00
5/15/2026, 11:38:00 PM
2026-06-18NextUpdated
$75.00
5/20/2026, 11:35:22 PM
2026-07-17
$70.00
5/20/2026, 11:35:22 PM
2026-08-21
$75.00
5/20/2026, 11:35:22 PM
2026-09-18
$75.00
5/20/2026, 11:35:22 PM
2026-11-20
$75.00
5/20/2026, 11:35:22 PM
2026-12-18
$75.00
5/20/2026, 11:35:22 PM
2027-01-15
$77.50
5/20/2026, 11:35:22 PM
2027-03-19
$75.00
5/20/2026, 11:35:22 PM
Selected expiration: 2026-06-18 at max pain $75.00.
SYY pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
32160250
32160250
37.5
0
29930250
29930250
40
0
27701500
27701500
45
0
23244500
23244500
47.5
0
21016000
21016000
50
0
18789000
18789000
55
500
14335000
14335500
60
1000
9957000
9958000
62.5
5250
7871500
7876750
65
10750
5826250
5837000
67.5
17000
3831000
3848000
70
27250
1995500
2022750
72.5
82500
1232750
1315250
75
491500
726250
1217750
77.5
2062750
407750
2470500
80
4342750
163500
4506250
82.5
9876250
9750
9886000
85
15587000
750
15587750
87.5
23314000
500
23314500
90
31472250
250
31472500
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.