This page reflects UAA 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 — UAA
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $6.00 (0.85 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$6.00
Nearest expiry
Expected Move
±$0.65
±12.6%
Days to Expiry
29
Calendar days
Total Call OI
5,037
Nearest expiry
Total Put OI
3,208
Nearest expiry
P/C OI Ratio
0.64
Put-heavy
Spot Price
$5.15
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
$5.00
4/17/2026, 11:31:42 PM
2026-05-15
$6.00
5/15/2026, 11:43:00 PM
2026-06-18NextUpdated
$6.00
5/20/2026, 11:35:26 PM
2026-07-17
$6.00
5/20/2026, 11:35:26 PM
2026-10-16
$6.00
5/20/2026, 11:35:26 PM
2026-12-18
$7.50
5/20/2026, 11:35:26 PM
2027-01-15
$7.50
5/20/2026, 11:35:26 PM
Selected expiration: 2026-06-18 at max pain $6.00.
UAA pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
1391600
1391600
2
200
1070800
1071000
3
600
750100
750700
4
1000
429600
430600
5
2400
122500
124900
6
65100
6500
71600
7
393100
0
393100
8
779200
0
779200
9
1248200
0
1248200
10
1749600
0
1749600
11
2253000
0
2253000
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.