United Therapeutics CorporationClose $563.93EOD only
Max Pain
$540.00
Next expiry Jun 18, 2026
Expected Move
±$41.20
7.3% from close
Price Gap
-23.93
Distance to max pain
IV Rank
0
Low premium
P/C OI
0.70
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects UTHR 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 — UTHR
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $540.00 (23.93 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$540.00
Nearest expiry
Expected Move
±$41.20
±7.3%
Days to Expiry
29
Calendar days
Total Call OI
1,434
Nearest expiry
Total Put OI
2,393
Nearest expiry
P/C OI Ratio
1.67
Put-heavy
Spot Price
$563.93
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
$490.00
4/17/2026, 11:29:27 PM
2026-05-15
$540.00
5/15/2026, 11:42:44 PM
2026-06-18NextUpdated
$540.00
5/20/2026, 11:34:50 PM
2026-07-17
$570.00
5/20/2026, 11:34:50 PM
2026-08-21
$580.00
5/20/2026, 11:34:50 PM
2026-11-20
$570.00
5/20/2026, 11:34:50 PM
2027-01-15
$640.00
5/20/2026, 11:34:50 PM
Selected expiration: 2026-06-18 at max pain $540.00.
UTHR pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
240
0
55466000
55466000
250
0
53074000
53074000
260
1000
50687000
50688000
270
2000
48309000
48311000
280
3000
45935000
45938000
290
4000
43564000
43568000
300
5000
41194000
41199000
310
9000
38825000
38834000
330
21000
34087000
34108000
340
27000
31741000
31768000
350
34000
29395000
29429000
360
41000
27049000
27090000
370
48000
24989000
25037000
380
55000
22932000
22987000
390
62000
20876000
20938000
400
72000
18821000
18893000
410
84000
16775000
16859000
420
96000
14735000
14831000
430
109000
12957000
13066000
440
154000
11183000
11337000
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.