Wintrust Financial CorporationClose $149.81EOD only
Max Pain
$130.00
Next expiry Jun 18, 2026
Expected Move
±$8.38
5.6% from close
Price Gap
-19.81
Distance to max pain
IV Rank
2
Low premium
P/C OI
0.22
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects WTFC 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 — WTFC
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $130.00 (19.81 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$130.00
Nearest expiry
Expected Move
±$8.38
±5.6%
Days to Expiry
29
Calendar days
Total Call OI
217
Nearest expiry
Total Put OI
26
Nearest expiry
P/C OI Ratio
0.12
Put-heavy
Spot Price
$149.81
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$130.00
4/17/2026, 11:32:49 PM
2026-05-15
$150.00
5/15/2026, 11:47:13 PM
2026-06-18NextUpdated
$130.00
5/20/2026, 11:39:54 PM
2026-09-18
$150.00
5/20/2026, 11:39:54 PM
2026-12-18
$125.00
5/20/2026, 11:39:54 PM
Selected expiration: 2026-06-18 at max pain $130.00.
WTFC pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
80
0
134000
134000
100
4000
82000
86000
115
7000
43000
50000
120
8000
35000
43000
125
9000
27000
36000
130
10000
20500
30500
140
30000
7500
37500
145
46000
1000
47000
150
64000
0
64000
155
86500
0
86500
160
110500
0
110500
185
650500
0
650500
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.