This page reflects UPST 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 — UPST
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $28.50 (0.34 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$28.50
Nearest expiry
Expected Move
±$1.34
±4.7%
Days to Expiry
2
Calendar days
Total Call OI
12,612
Nearest expiry
Total Put OI
6,836
Nearest expiry
P/C OI Ratio
0.54
Put-heavy
Spot Price
$28.84
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$30.00
5/8/2026, 11:34:11 PM
2026-05-15
$29.00
5/15/2026, 11:44:20 PM
2026-05-22NextUpdated
$28.50
5/20/2026, 11:36:54 PM
2026-05-29
$29.00
5/20/2026, 11:36:54 PM
2026-06-05
$29.00
5/20/2026, 11:36:54 PM
2026-06-12
$30.00
5/20/2026, 11:36:54 PM
2026-06-18
$35.00
5/20/2026, 11:36:54 PM
2026-06-26
$29.00
5/20/2026, 11:36:54 PM
2026-07-17
$35.00
5/20/2026, 11:36:54 PM
2026-09-18
$30.00
5/20/2026, 11:36:54 PM
2026-10-16
$30.00
5/20/2026, 11:36:54 PM
2026-12-18
$40.00
5/20/2026, 11:36:54 PM
2027-01-15
$40.00
5/20/2026, 11:36:54 PM
2027-02-19
$32.50
5/20/2026, 11:36:54 PM
2027-03-19
$32.50
5/20/2026, 11:36:54 PM
Selected expiration: 2026-05-22 at max pain $28.50.
UPST pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
16
0
7110850
7110850
17
0
6427450
6427450
18
200
5751950
5752150
19
800
5080650
5081450
20
1600
4417450
4419050
21
2800
3754350
3757150
22
4000
3093850
3097850
22.5
4950
2778200
2783150
23
5900
2468000
2473900
23.5
6950
2161650
2168600
24
8200
1858300
1866500
24.5
10050
1623650
1633700
25
11900
1394900
1406800
25.5
15000
1187600
1202600
26
18150
985000
1003150
26.5
26450
816100
842550
27
35600
663700
699300
27.5
53700
538100
591800
28
76450
425500
501950
28.5
129400
346100
475500
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.