thetaOwl

VST

Vistra Corp.Close $144.00EOD only
Max Pain
$141.00
Next expiry May 22, 2026
Expected Move
±$4.86
3.4% from close
Price Gap
-3.00
Distance to max pain
IV Rank
3
Low premium
P/C OI
0.83
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects VST 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 — VST
Data as of market close May 20, 2026

Nearest listed expiration 2026-05-22 shows max pain at $141.00 (3.00 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$141.00
Nearest expiry
Expected Move
±$4.86
±3.4%
Days to Expiry
2
Calendar days
Total Call OI
10,268
Nearest expiry
Total Put OI
11,128
Nearest expiry
P/C OI Ratio
1.08
Put-heavy
Spot Price
$144.00
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$160.005/8/2026, 11:36:43 PM
2026-05-15$148.005/15/2026, 11:48:00 PM
2026-05-22NextUpdated$141.005/20/2026, 11:40:20 PM
2026-05-29$146.005/20/2026, 11:40:20 PM
2026-06-05$150.005/20/2026, 11:40:20 PM
2026-06-12$140.005/20/2026, 11:40:20 PM
2026-06-18$155.005/20/2026, 11:40:20 PM
2026-06-26$150.005/20/2026, 11:40:20 PM
2026-07-17$150.005/20/2026, 11:40:20 PM
2026-08-21$150.005/20/2026, 11:40:20 PM
2026-09-18$160.005/20/2026, 11:40:20 PM
2026-10-16$155.005/20/2026, 11:40:20 PM
2026-11-20$120.005/20/2026, 11:40:20 PM
2026-12-18$155.005/20/2026, 11:40:20 PM
2027-01-15$185.005/20/2026, 11:40:20 PM
2027-03-19$175.005/20/2026, 11:40:20 PM
Selected expiration: 2026-05-22 at max pain $141.00.
VST pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
8504736640047366400
9025004180240041804900
9550003623890036243900
10075003073490030742400
110125001973090019743400
115150001522990015244900
118165001260910012625600
119170001174600011763000
120175001088410010901600
121180001011510010133100
1221850093462009364700
1231900086324008651400
1241950079257007945200
1252000072224007242400
1262050066014006621900
1272110059891006010200
1282170054008005422500
1292450048307004855200
1302730042743004301600
1313470037704003805100
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.