thetaOwl

TTD

The Trade Desk, Inc.Close $21.02EOD only
Max Pain
$21.50
Next expiry May 22, 2026
Expected Move
±$0.88
4.2% from close
Price Gap
+0.48
Distance to max pain
IV Rank
13
Low premium
P/C OI
0.49
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects TTD 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 — TTD
Data as of market close May 20, 2026

Nearest listed expiration 2026-05-22 shows max pain at $21.50 (0.48 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$21.50
Nearest expiry
Expected Move
±$0.88
±4.2%
Days to Expiry
2
Calendar days
Total Call OI
27,246
Nearest expiry
Total Put OI
12,538
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$21.02
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$24.005/8/2026, 11:32:57 PM
2026-05-15$23.005/15/2026, 11:40:27 PM
2026-05-22NextUpdated$21.505/20/2026, 11:39:13 PM
2026-05-29$21.505/20/2026, 11:39:13 PM
2026-06-05$21.505/20/2026, 11:39:13 PM
2026-06-12$22.005/20/2026, 11:39:13 PM
2026-06-18$25.005/20/2026, 11:39:13 PM
2026-06-26$21.505/20/2026, 11:39:13 PM
2026-07-17$25.005/20/2026, 11:39:13 PM
2026-09-18$30.005/20/2026, 11:39:13 PM
2026-10-16$22.505/20/2026, 11:39:13 PM
2026-11-20$30.005/20/2026, 11:39:13 PM
2026-12-18$27.505/20/2026, 11:39:13 PM
2027-01-15$30.005/20/2026, 11:39:13 PM
2027-03-19$22.505/20/2026, 11:39:13 PM
Selected expiration: 2026-05-22 at max pain $21.50.
TTD pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
13092865509286550
1420080453508045550
1540068081506808550
15.565061923006192950
16105055764505577500
16.5165049864504988100
17410043971504401250
17.5680038423503849150
18975032968503306600
18.51670027674502784150
192390022504002274300
19.53640017760001812400
205055013491001399650
20.5731009720501045150
21113600625050738650
21.5220650332150552800
22360900201700562600
22.5577100148750725850
23851950102300954250
23.51228450694501297900
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.