thetaOwl

UCTT

Ultra Clean Holdings, Inc.Close $80.22EOD only
Max Pain
$65.00
Next expiry Jun 18, 2026
Expected Move
±$15.55
19.4% from close
Price Gap
-15.22
Distance to max pain
IV Rank
10
Low premium
P/C OI
0.68
Slightly call-heavy
Consensus
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-06-18 shows max pain at $65.00 (15.22 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$65.00
Nearest expiry
Expected Move
±$15.55
±19.4%
Days to Expiry
29
Calendar days
Total Call OI
3,152
Nearest expiry
Total Put OI
3,402
Nearest expiry
P/C OI Ratio
1.08
Put-heavy
Spot Price
$80.22
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-06-18
ExpirationMax Pain StrikeLast Updated
2026-04-17$60.004/17/2026, 11:30:18 PM
2026-05-15$80.005/15/2026, 11:39:52 PM
2026-06-18NextUpdated$65.005/20/2026, 11:33:29 PM
2026-09-18$40.005/20/2026, 11:33:29 PM
2026-12-18$55.005/20/2026, 11:33:29 PM
Selected expiration: 2026-06-18 at max pain $65.00.
UCTT pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
12.501384800013848000
157501300900013009750
17.520001217650012178500
2035001135100011354500
22.562501053100010537250
251150097110009722500
303800082285008266500
359850067460006844500
4018700054490005636000
4529900043465004645500
5044650032615003708000
5567250021880002860500
6091400011435002057500
6511790001610001340000
701468000935001561500
751787500525001840000
802162500265002189000
85279150075002799000
90358150003581500
95445250004452500
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.