This page reflects TECK 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 — TECK
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $53.00 (8.22 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$53.00
Nearest expiry
Expected Move
±$2.58
±4.2%
Days to Expiry
2
Calendar days
Total Call OI
825
Nearest expiry
Total Put OI
312
Nearest expiry
P/C OI Ratio
0.38
Put-heavy
Spot Price
$61.22
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
$63.00
5/8/2026, 11:34:23 PM
2026-05-15
$50.00
5/15/2026, 11:39:00 PM
2026-05-22NextUpdated
$53.00
5/20/2026, 11:37:51 PM
2026-05-29
$60.00
5/20/2026, 11:37:51 PM
2026-06-05
$62.00
5/20/2026, 11:37:51 PM
2026-06-12
$62.00
5/20/2026, 11:37:51 PM
2026-06-18
$45.00
5/20/2026, 11:37:51 PM
2026-06-26
$62.00
5/20/2026, 11:37:51 PM
2026-07-17
$65.00
5/20/2026, 11:37:51 PM
2026-08-21
$55.00
5/20/2026, 11:37:51 PM
2026-09-18
$50.00
5/20/2026, 11:37:51 PM
2026-11-20
$55.00
5/20/2026, 11:37:51 PM
2026-12-18
$45.00
5/20/2026, 11:37:51 PM
2027-01-15
$40.00
5/20/2026, 11:37:51 PM
2027-03-19
$40.00
5/20/2026, 11:37:51 PM
Selected expiration: 2026-05-22 at max pain $53.00.
TECK pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
707550
707550
44
0
431250
431250
48
0
309250
309250
48.5
0
294000
294000
49
0
278850
278850
49.5
0
263800
263800
50
6850
248800
255650
51
34250
219100
253350
52
61650
190200
251850
53
89050
161600
250650
54
116450
135400
251850
55
143850
109300
253150
56
171450
83600
255050
57
199250
58800
258050
58
227150
35200
262350
59
256050
13400
269450
60
285250
9200
294450
61
322250
5800
328050
62
359750
2800
362550
63
399050
900
399950
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.