thetaOwl

VTI

Vanguard Total Stock Market ETFClose $364.19EOD only
Max Pain
$335.00
Next expiry Jun 18, 2026
Expected Move
±$13.00
3.6% from close
Price Gap
-29.19
Distance to max pain
IV Rank
18
Low premium
P/C OI
0.74
Slightly call-heavy
Consensus
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-06-18 shows max pain at $335.00 (29.19 below 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
±$13.00
±3.6%
Days to Expiry
29
Calendar days
Total Call OI
8,619
Nearest expiry
Total Put OI
5,241
Nearest expiry
P/C OI Ratio
0.61
Put-heavy
Spot Price
$364.19
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-06-18
ExpirationMax Pain StrikeLast Updated
2026-04-17$325.004/17/2026, 11:32:57 PM
2026-05-15$340.005/15/2026, 11:46:26 PM
2026-06-18NextUpdated$335.005/20/2026, 11:38:33 PM
2026-07-17$350.005/20/2026, 11:38:33 PM
2026-09-18$330.005/20/2026, 11:38:33 PM
2026-12-18$330.005/20/2026, 11:38:33 PM
2027-01-15$300.005/20/2026, 11:38:33 PM
Selected expiration: 2026-06-18 at max pain $335.00.
VTI pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
17007167150071671500
17506914750069147500
18006667700066677000
18550006426550064270500
190145006185450061869000
195240005944500059469000
200435005703650057080000
205630005463350054696500
210825005223050052313000
2151040004983400049938000
2201265004743750047564000
2251550004504500045200000
2301990004265400042853000
2352485004026500040513500
2402995003788750038187000
2453615003551000035871500
2504265003318350033610000
2555075003095500031462500
2606560002873750029393500
2658740002655200027426000
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.