This page reflects VIK options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 19, 2026 close
Max Pain — VIK
Data as of market close May 19, 2026
Nearest listed expiration 2026-06-18 shows max pain at $85.00 (2.77 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$85.00
Nearest expiry
Expected Move
±$8.85
±10.8%
Days to Expiry
30
Calendar days
Total Call OI
4,436
Nearest expiry
Total Put OI
3,292
Nearest expiry
P/C OI Ratio
0.74
Put-heavy
Spot Price
$82.23
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
$75.00
4/17/2026, 11:30:29 PM
2026-05-15
$80.00
5/15/2026, 11:40:46 PM
2026-06-18NextUpdated
$85.00
5/19/2026, 11:41:41 PM
2026-07-17
$85.00
5/19/2026, 11:41:41 PM
2026-08-21
$80.00
5/19/2026, 11:41:41 PM
2026-11-20
$80.00
5/19/2026, 11:41:41 PM
2027-01-15
$65.00
5/19/2026, 11:41:41 PM
Selected expiration: 2026-06-18 at max pain $85.00.
VIK pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
15087000
15087000
45
0
13025500
13025500
55
0
8906500
8906500
60
1000
6871000
6872000
65
2500
4877500
4880000
70
5000
3032500
3037500
75
9000
1387000
1396000
80
37000
166500
203500
85
158000
7500
165500
90
343500
1000
344500
95
1145500
0
1145500
100
2357000
0
2357000
105
4795000
0
4795000
110
7247500
0
7247500
115
9731500
0
9731500
120
12216500
0
12216500
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.