This page reflects VRT options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 21, 2026 close
Max Pain — VRT
Data as of market close May 21, 2026
Nearest listed expiration 2026-05-22 shows max pain at $335.00 (11.60 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$335.00
Nearest expiry
Expected Move
±$9.38
±2.9%
Days to Expiry
1
Calendar days
Total Call OI
15,504
Nearest expiry
Total Put OI
34,111
Nearest expiry
P/C OI Ratio
2.20
Put-heavy
Spot Price
$323.40
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
$322.50
5/8/2026, 11:36:51 PM
2026-05-15
$310.00
5/15/2026, 11:43:38 PM
2026-05-22NextUpdated
$335.00
5/21/2026, 11:41:37 PM
2026-05-29
$325.00
5/21/2026, 11:41:37 PM
2026-06-05
$330.00
5/21/2026, 11:41:37 PM
2026-06-12
$340.00
5/21/2026, 11:41:37 PM
2026-06-18
$250.00
5/21/2026, 11:41:37 PM
2026-06-26
$325.00
5/21/2026, 11:41:37 PM
2026-07-17
$360.00
5/21/2026, 11:41:37 PM
2026-08-21
$320.00
5/21/2026, 11:41:37 PM
2026-09-18
$240.00
5/21/2026, 11:41:37 PM
2026-10-16
$330.00
5/21/2026, 11:41:37 PM
2026-11-20
$250.00
5/21/2026, 11:41:37 PM
2026-12-18
$200.00
5/21/2026, 11:41:37 PM
2027-01-15
$165.00
5/21/2026, 11:41:37 PM
2027-03-19
$320.00
5/21/2026, 11:41:37 PM
Selected expiration: 2026-05-22 at max pain $335.00.
VRT pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
135
0
474238250
474238250
140
0
457183750
457183750
150
1000
423074750
423075750
160
10000
388965750
388975750
165
14500
371914750
371929250
170
19000
354890250
354909250
180
32000
320841250
320873250
185
113500
303822750
303936250
190
195000
286832750
287027750
195
277000
269857250
270134250
200
360000
252895750
253255750
205
445500
235945750
236391250
210
531000
221313250
221844250
215
616500
206685250
207301750
220
703500
194485750
195189250
225
791500
182324750
183116250
230
880500
170188250
171068750
232.5
926250
164266250
165192500
235
972500
158344250
159316750
237.5
1019000
152435500
153454500
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.