Nearest listed expiration 2026-05-20 shows max pain at $417.50 (13.39 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$417.50
Nearest expiry
Expected Move
±$8.10
±2.0%
Days to Expiry
1
Calendar days
Total Call OI
142,305
Nearest expiry
Total Put OI
72,162
Nearest expiry
P/C OI Ratio
0.51
Put-heavy
Spot Price
$404.11
Published close
Consensus
8.0/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-20
Expiration
Max Pain Strike
Last Updated
2026-05-15
$410.00
5/15/2026, 11:43:31 PM
2026-05-18
$435.00
5/15/2026, 11:43:31 PM
2026-05-20NextUpdated
$417.50
5/19/2026, 11:40:57 PM
2026-05-22
$415.00
5/19/2026, 11:40:57 PM
2026-05-26
$422.50
5/19/2026, 11:40:57 PM
2026-05-27
$435.00
5/19/2026, 11:40:57 PM
2026-05-29
$415.00
5/19/2026, 11:40:57 PM
2026-06-05
$400.00
5/19/2026, 11:40:57 PM
2026-06-12
$420.00
5/19/2026, 11:40:57 PM
2026-06-18
$370.00
5/19/2026, 11:40:57 PM
2026-06-26
$420.00
5/19/2026, 11:40:57 PM
2026-07-17
$395.00
5/19/2026, 11:40:57 PM
2026-08-21
$390.00
5/19/2026, 11:40:57 PM
2026-09-18
$430.00
5/19/2026, 11:40:57 PM
2026-10-16
$390.00
5/19/2026, 11:40:57 PM
2026-11-20
$400.00
5/19/2026, 11:40:57 PM
2026-12-18
$350.00
5/19/2026, 11:40:57 PM
2027-01-15
$320.00
5/19/2026, 11:40:57 PM
2027-03-19
$380.00
5/19/2026, 11:40:57 PM
Selected expiration: 2026-05-20 at max pain $417.50.
TSLA pain by strike for 2026-05-20 expiration
Strike
Call Pain
Put Pain
Total Pain
250
0
1000842500
1000842500
260
0
928886500
928886500
270
0
857034500
857034500
280
1000
785838500
785839500
290
2000
714767500
714769500
300
4000
643740500
643744500
310
6000
572860500
572866500
320
8000
502824500
502832500
330
10000
433966500
433976500
332.5
12000
416797500
416809500
335
14000
399659250
399673250
337.5
16000
382550750
382566750
340
18000
365472250
365490250
342.5
26000
348579000
348605000
345
34000
331776250
331810250
347.5
42000
315082500
315124500
350
50000
298623750
298673750
352.5
68250
283602000
283670250
355
86500
268838000
268924500
357.5
105500
254231250
254336750
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.