This page reflects UUUU 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 — UUUU
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $17.50 (0.72 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$17.50
Nearest expiry
Expected Move
±$1.08
±6.4%
Days to Expiry
2
Calendar days
Total Call OI
14,434
Nearest expiry
Total Put OI
9,852
Nearest expiry
P/C OI Ratio
0.68
Put-heavy
Spot Price
$16.78
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
$21.50
5/8/2026, 11:32:34 PM
2026-05-15
$20.50
5/15/2026, 11:44:04 PM
2026-05-22NextUpdated
$17.50
5/20/2026, 11:36:11 PM
2026-05-29
$19.00
5/20/2026, 11:36:11 PM
2026-06-05
$19.50
5/20/2026, 11:36:11 PM
2026-06-12
$19.50
5/20/2026, 11:36:11 PM
2026-06-18
$20.00
5/20/2026, 11:36:11 PM
2026-06-26
$19.00
5/20/2026, 11:36:11 PM
2026-07-17
$20.00
5/20/2026, 11:36:11 PM
2026-10-16
$19.00
5/20/2026, 11:36:11 PM
2026-11-20
$18.00
5/20/2026, 11:36:11 PM
2027-01-15
$10.00
5/20/2026, 11:36:11 PM
Selected expiration: 2026-05-22 at max pain $17.50.
UUUU pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
10
0
7360750
7360750
11
1000
6376850
6377850
12
2500
5393550
5396050
13
4900
4411050
4415950
13.5
6550
3921100
3927650
14
8450
3432050
3440500
14.5
10950
2992100
3003050
15
13450
2563950
2577400
15.5
70350
2167450
2237800
16
127800
1780650
1908450
16.5
193400
1446050
1639450
17
317500
1150250
1467750
17.5
522850
894600
1417450
18
746850
675950
1422800
18.5
992900
506800
1499700
19
1269950
366100
1636050
19.5
1596100
247650
1843750
20
1973150
152900
2126050
20.5
2397150
102800
2499950
21
2850500
66150
2916650
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.