This page reflects VITL 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 — VITL
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $10.00 (0.57 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.00
Nearest expiry
Expected Move
±$1.73
±18.3%
Days to Expiry
29
Calendar days
Total Call OI
5,648
Nearest expiry
Total Put OI
6,890
Nearest expiry
P/C OI Ratio
1.22
Put-heavy
Spot Price
$9.43
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
$12.50
4/17/2026, 11:31:03 PM
2026-05-15
$15.00
5/15/2026, 11:44:55 PM
2026-06-18NextUpdated
$10.00
5/20/2026, 11:37:05 PM
2026-07-17
$10.00
5/20/2026, 11:37:05 PM
2026-10-16
$10.00
5/20/2026, 11:37:05 PM
2027-01-15
$15.00
5/20/2026, 11:37:05 PM
Selected expiration: 2026-06-18 at max pain $10.00.
VITL pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
3006250
3006250
7.5
24000
1291250
1315250
10
492500
481750
974250
12.5
1555500
36000
1591500
15
2705000
750
2705750
17.5
3936750
500
3937250
20
5221250
250
5221500
22.5
6604000
0
6604000
25
8000500
0
8000500
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.