This page reflects VEON 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 — VEON
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $45.00 (10.11 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$45.00
Nearest expiry
Expected Move
±$5.22
±9.5%
Days to Expiry
29
Calendar days
Total Call OI
639
Nearest expiry
Total Put OI
515
Nearest expiry
P/C OI Ratio
0.81
Put-heavy
Spot Price
$55.11
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
$45.00
4/17/2026, 11:33:37 PM
2026-05-15
$50.00
5/15/2026, 11:47:16 PM
2026-06-18NextUpdated
$45.00
5/20/2026, 11:38:30 PM
2026-09-18
$50.00
5/20/2026, 11:38:30 PM
2026-12-18
$45.00
5/20/2026, 11:38:30 PM
Selected expiration: 2026-06-18 at max pain $45.00.
VEON pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
22.5
0
1207750
1207750
25
0
1080500
1080500
30
0
827500
827500
35
15000
575500
590500
40
30000
324000
354000
45
55000
160000
215000
50
164000
83000
247000
55
274000
33500
307500
60
407000
0
407000
65
595000
0
595000
70
914500
0
914500
75
1234000
0
1234000
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.