thetaOwl

WFC

Wells Fargo & CompanyClose $75.81EOD only
Max Pain
$74.00
Next expiry May 22, 2026
Expected Move
±$1.40
1.8% from close
Price Gap
-1.81
Distance to max pain
IV Rank
4
Low premium
P/C OI
1.60
Slightly put-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 20, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-05-22 shows max pain at $74.00 (1.81 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$74.00
Nearest expiry
Expected Move
±$1.40
±1.8%
Days to Expiry
2
Calendar days
Total Call OI
30,123
Nearest expiry
Total Put OI
21,193
Nearest expiry
P/C OI Ratio
0.70
Put-heavy
Spot Price
$75.81
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$80.005/8/2026, 11:35:39 PM
2026-05-15$76.005/15/2026, 11:44:24 PM
2026-05-22NextUpdated$74.005/20/2026, 11:39:05 PM
2026-05-29$75.005/20/2026, 11:39:05 PM
2026-06-05$77.005/20/2026, 11:39:05 PM
2026-06-12$75.005/20/2026, 11:39:05 PM
2026-06-18$77.505/20/2026, 11:39:05 PM
2026-06-26$75.005/20/2026, 11:39:05 PM
2026-07-17$80.005/20/2026, 11:39:05 PM
2026-08-21$82.505/20/2026, 11:39:05 PM
2026-09-18$80.005/20/2026, 11:39:05 PM
2026-10-16$80.005/20/2026, 11:39:05 PM
2026-11-20$82.505/20/2026, 11:39:05 PM
2026-12-18$80.005/20/2026, 11:39:05 PM
2027-01-15$75.005/20/2026, 11:39:05 PM
2027-03-19$77.505/20/2026, 11:39:05 PM
Selected expiration: 2026-05-22 at max pain $74.00.
WFC pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
5004560020045600200
5503500470035004700
60150002441020024425200
65300001382620013856200
66330001178650011819500
673600097518009787800
683900077198007758800
696670058713005938000
709990040624004162300
7113930028130002952300
7218720017410001928200
7324120010737001314900
743595006544001013900
756742003547001028900
7612033002221001425400
7722429001217002364600
783618100466003664700
795312400160005328400
80719520046007199800
81937600039009379900
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.