This page reflects VOYG 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 — VOYG
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $30.00 (9.93 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$4.35
±10.9%
Days to Expiry
29
Calendar days
Total Call OI
5,632
Nearest expiry
Total Put OI
637
Nearest expiry
P/C OI Ratio
0.11
Put-heavy
Spot Price
$39.93
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
$26.00
4/17/2026, 11:34:22 PM
2026-05-15
$26.00
5/15/2026, 11:47:31 PM
2026-06-18NextUpdated
$30.00
5/20/2026, 11:39:37 PM
2026-07-17
$29.00
5/20/2026, 11:39:37 PM
2026-08-21
$27.00
5/20/2026, 11:39:37 PM
2026-09-18
$30.00
5/20/2026, 11:39:37 PM
2026-10-16
$25.00
5/20/2026, 11:39:37 PM
2026-11-20
$25.00
5/20/2026, 11:39:37 PM
2027-01-15
$22.50
5/20/2026, 11:39:37 PM
Selected expiration: 2026-06-18 at max pain $30.00.
VOYG pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
19
0
469300
469300
20
0
406000
406000
21
0
349700
349700
22
0
294400
294400
23
1100
245200
246300
24
2300
197300
199600
25
4700
150400
155100
26
7900
124400
132300
27
11300
99800
111100
28
15200
78000
93200
29
19700
57500
77200
30
24700
37500
62200
31
52400
25200
77600
32
84700
13400
98100
33
145200
7100
152300
34
224300
3300
227600
35
313300
200
313500
36
488600
100
488700
37
683200
0
683200
38
914000
0
914000
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.