Teva Pharmaceutical Industries Close $34.32EOD only
Max Pain
$34.00
Next expiry May 22, 2026
Expected Move
±$1.04
3.0% from close
Price Gap
-0.32
Distance to max pain
IV Rank
25
Middle-high premium
P/C OI
0.48
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects TEVA 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 — TEVA
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $34.00 (0.32 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$34.00
Nearest expiry
Expected Move
±$1.04
±3.0%
Days to Expiry
2
Calendar days
Total Call OI
4,596
Nearest expiry
Total Put OI
755
Nearest expiry
P/C OI Ratio
0.16
Put-heavy
Spot Price
$34.32
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
$34.00
5/8/2026, 11:31:00 PM
2026-05-15
$32.50
5/15/2026, 11:40:12 PM
2026-05-22NextUpdated
$34.00
5/20/2026, 11:33:47 PM
2026-05-29
$35.00
5/20/2026, 11:33:47 PM
2026-06-05
$32.00
5/20/2026, 11:33:47 PM
2026-06-12
$35.00
5/20/2026, 11:33:47 PM
2026-06-18
$30.00
5/20/2026, 11:33:47 PM
2026-06-26
$35.00
5/20/2026, 11:33:47 PM
2026-07-17
$36.00
5/20/2026, 11:33:47 PM
2026-08-21
$36.00
5/20/2026, 11:33:47 PM
2026-09-18
$26.00
5/20/2026, 11:33:47 PM
2026-12-18
$34.00
5/20/2026, 11:33:47 PM
2027-01-15
$22.00
5/20/2026, 11:33:47 PM
Selected expiration: 2026-05-22 at max pain $34.00.
TEVA pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
19
0
1100050
1100050
20
0
1025050
1025050
24
0
727050
727050
25
0
652550
652550
26
200
578150
578350
27
700
503750
504450
29
1900
354950
356850
30
2500
283050
285550
31
4300
221650
225950
32
6700
165950
172650
32.5
13700
138150
151850
33
20700
111200
131900
33.5
27950
85200
113150
34
35200
59700
94900
34.5
111300
38700
150000
35
191700
23150
214850
35.5
282150
10450
292600
36
487750
2500
490250
36.5
705000
950
705950
37
922900
300
923200
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.