This page reflects URI 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 — URI
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $930.00 (6.27 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$930.00
Nearest expiry
Expected Move
±$12.35
±1.3%
Days to Expiry
2
Calendar days
Total Call OI
629
Nearest expiry
Total Put OI
1,174
Nearest expiry
P/C OI Ratio
1.87
Put-heavy
Spot Price
$936.27
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
$910.00
5/8/2026, 11:36:02 PM
2026-05-15
$955.00
5/15/2026, 11:44:33 PM
2026-05-22NextUpdated
$930.00
5/20/2026, 11:39:02 PM
2026-05-29
$940.00
5/20/2026, 11:39:02 PM
2026-06-05
$950.00
5/20/2026, 11:39:02 PM
2026-06-12
$950.00
5/20/2026, 11:39:02 PM
2026-06-18
$870.00
5/20/2026, 11:39:02 PM
2026-06-26
$960.00
5/20/2026, 11:39:02 PM
2026-07-17
$970.00
5/20/2026, 11:39:02 PM
2026-09-18
$900.00
5/20/2026, 11:39:02 PM
2026-12-18
$880.00
5/20/2026, 11:39:02 PM
2027-01-15
$830.00
5/20/2026, 11:39:02 PM
2027-03-19
$900.00
5/20/2026, 11:39:02 PM
Selected expiration: 2026-05-22 at max pain $930.00.
URI pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
490
0
39649000
39649000
500
9000
38475000
38484000
590
198000
28080000
28278000
600
228000
26930000
27158000
610
263000
25780000
26043000
670
473000
18970000
19443000
680
508000
17837000
18345000
690
543000
16705000
17248000
700
578000
15580000
16158000
710
613000
14468000
15081000
720
648000
13360000
14008000
730
683000
12256000
12939000
740
718000
11168000
11886000
755
773500
9539000
10312500
760
792000
8998500
9790500
770
830000
7927500
8757500
775
849000
7393500
8242500
780
868000
6864500
7732500
785
887000
6355000
7242000
790
906000
5848000
6754000
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.