This page reflects WOLF options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 19, 2026 close
Max Pain — WOLF
Data as of market close May 19, 2026
Nearest listed expiration 2026-05-22 shows max pain at $50.00 (8.83 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$50.00
Nearest expiry
Expected Move
±$7.00
±11.9%
Days to Expiry
3
Calendar days
Total Call OI
11,475
Nearest expiry
Total Put OI
6,696
Nearest expiry
P/C OI Ratio
0.58
Put-heavy
Spot Price
$58.83
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
$37.00
5/8/2026, 11:34:27 PM
2026-05-15
$25.00
5/15/2026, 11:48:17 PM
2026-05-22NextUpdated
$50.00
5/19/2026, 11:41:17 PM
2026-05-29
$48.00
5/19/2026, 11:41:17 PM
2026-06-05
$50.00
5/19/2026, 11:41:17 PM
2026-06-12
$55.00
5/19/2026, 11:41:17 PM
2026-06-18
$45.00
5/19/2026, 11:41:17 PM
2026-06-26
$50.00
5/19/2026, 11:41:17 PM
2026-07-17
$55.00
5/19/2026, 11:41:17 PM
2026-09-18
$30.00
5/19/2026, 11:41:17 PM
2026-12-18
$35.00
5/19/2026, 11:41:17 PM
2027-01-15
$2.00
5/19/2026, 11:41:17 PM
Selected expiration: 2026-05-22 at max pain $50.00.
WOLF pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
10
0
25072250
25072250
12
0
23741250
23741250
13
0
23075850
23075850
13.5
0
22743200
22743200
14.5
0
22078000
22078000
15
0
21745450
21745450
15.5
0
21416850
21416850
16
100
21088250
21088350
18
500
19776850
19777350
19
700
19121350
19122050
20
1100
18465850
18466950
20.5
1300
18139450
18140750
21
1500
17813550
17815050
21.5
1800
17487750
17489550
22
2200
17167500
17169700
22.5
2600
16847300
16849900
23
3000
16527100
16530100
23.5
3650
16206950
16210600
24
4300
15886850
15891150
24.5
6300
15566800
15573100
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.