This page reflects TEAM 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 — TEAM
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $84.00 (2.23 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$84.00
Nearest expiry
Expected Move
±$4.85
±5.6%
Days to Expiry
2
Calendar days
Total Call OI
9,935
Nearest expiry
Total Put OI
3,290
Nearest expiry
P/C OI Ratio
0.33
Put-heavy
Spot Price
$86.23
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
$85.00
5/8/2026, 11:30:48 PM
2026-05-15
$70.00
5/15/2026, 11:41:11 PM
2026-05-22NextUpdated
$84.00
5/20/2026, 11:33:24 PM
2026-05-29
$80.00
5/20/2026, 11:33:24 PM
2026-06-05
$75.00
5/20/2026, 11:33:24 PM
2026-06-12
$81.00
5/20/2026, 11:33:24 PM
2026-06-18
$90.00
5/20/2026, 11:33:24 PM
2026-06-26
$85.00
5/20/2026, 11:33:24 PM
2026-07-17
$75.00
5/20/2026, 11:33:24 PM
2026-08-21
$75.00
5/20/2026, 11:33:24 PM
2026-09-18
$95.00
5/20/2026, 11:33:24 PM
2026-12-18
$85.00
5/20/2026, 11:33:24 PM
2027-01-15
$100.00
5/20/2026, 11:33:24 PM
2027-03-19
$75.00
5/20/2026, 11:33:24 PM
Selected expiration: 2026-05-22 at max pain $84.00.
TEAM pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
11484400
11484400
45
20000
9849400
9869400
50
62000
8251900
8313900
52
78800
7620300
7699100
53
87200
7305100
7392300
54
95600
6990400
7086000
55
104000
6676400
6780400
56
118100
6375900
6494000
57
132200
6075500
6207700
58
146300
5775500
5921800
59
161000
5476600
5637600
60
175700
5177800
5353500
61
191800
4886100
5077900
62
207900
4594600
4802500
63
224200
4303200
4527400
64
244600
4012400
4257000
65
269000
3721700
3990700
66
299700
3431900
3731600
67
330700
3143100
3473800
68
362700
2857700
3220400
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.