This page reflects TKR 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 — TKR
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $110.00 (7.20 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$110.00
Nearest expiry
Expected Move
±$10.20
±8.7%
Days to Expiry
29
Calendar days
Total Call OI
4,684
Nearest expiry
Total Put OI
1,730
Nearest expiry
P/C OI Ratio
0.37
Put-heavy
Spot Price
$117.20
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
$100.00
4/17/2026, 11:33:54 PM
2026-05-15
$105.00
5/15/2026, 11:41:18 PM
2026-06-18NextUpdated
$110.00
5/20/2026, 11:37:25 PM
2026-08-21
$90.00
5/20/2026, 11:37:25 PM
2026-09-18
$105.00
5/20/2026, 11:37:25 PM
2026-11-20
$80.00
5/20/2026, 11:37:25 PM
2026-12-18
$80.00
5/20/2026, 11:37:25 PM
Selected expiration: 2026-06-18 at max pain $110.00.
TKR pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
9830500
9830500
55
0
8966000
8966000
60
0
8102000
8102000
65
0
7238500
7238500
70
0
6375500
6375500
75
500
5513000
5513500
80
1000
4651500
4652500
85
2500
3791500
3794000
90
23000
2936500
2959500
95
58000
2081500
2139500
100
103000
1426500
1529500
105
252000
771500
1023500
110
465500
310000
775500
115
1871500
3500
1875000
120
3386000
0
3386000
125
5496000
0
5496000
130
7712500
0
7712500
135
10043500
0
10043500
140
12385500
0
12385500
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.