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ULTA

Ulta Beauty, Inc.Close $493.12EOD only
Max Pain
$495.00
Next expiry May 22, 2026
Expected Move
±$12.65
2.6% from close
Price Gap
+1.88
Distance to max pain
IV Rank
23
Low premium
P/C OI
0.85
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects ULTA 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 — ULTA
Data as of market close May 20, 2026
Open Available Reports (4/4)

Nearest listed expiration 2026-05-22 shows max pain at $495.00 (1.88 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$495.00
Nearest expiry
Expected Move
±$12.65
±2.6%
Days to Expiry
2
Calendar days
Total Call OI
1,385
Nearest expiry
Total Put OI
1,489
Nearest expiry
P/C OI Ratio
1.08
Put-heavy
Spot Price
$493.12
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$515.005/8/2026, 11:35:49 PM
2026-05-15$510.005/15/2026, 11:44:33 PM
2026-05-22NextUpdated$495.005/20/2026, 11:39:59 PM
2026-05-29$495.005/20/2026, 11:39:59 PM
2026-06-05$530.005/20/2026, 11:39:59 PM
2026-06-12$520.005/20/2026, 11:39:59 PM
2026-06-18$550.005/20/2026, 11:39:59 PM
2026-06-26$500.005/20/2026, 11:39:59 PM
2026-07-17$520.005/20/2026, 11:39:59 PM
2026-09-18$550.005/20/2026, 11:39:59 PM
2026-11-20$530.005/20/2026, 11:39:59 PM
2026-12-18$580.005/20/2026, 11:39:59 PM
2027-01-15$430.005/20/2026, 11:39:59 PM
2027-03-19$490.005/20/2026, 11:39:59 PM
Selected expiration: 2026-05-22 at max pain $495.00.
ULTA pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
33001825875018258750
36001407375014073750
380200001128375011303750
3903000099027509932750
4004500085257508570750
4106600071947507260750
4208900058637505952750
42510150053227505424250
43011400047862504900250
44014200037402503882250
447.517950029602503139750
45019200027015002893500
452.520450024592502663750
45521700022197502436750
457.523275019855002218250
46025175017587502010500
462.527075015532501824000
46528975013565001646250
467.530875011915001500250
47032775010365001364250
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.