This page reflects WYFI 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 — WYFI
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $20.00 (4.19 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$20.00
Nearest expiry
Expected Move
±$6.95
±28.7%
Days to Expiry
29
Calendar days
Total Call OI
9,399
Nearest expiry
Total Put OI
4,861
Nearest expiry
P/C OI Ratio
0.52
Put-heavy
Spot Price
$24.19
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
$12.50
4/17/2026, 11:33:26 PM
2026-05-15
$20.00
5/15/2026, 11:45:31 PM
2026-06-18NextUpdated
$20.00
5/20/2026, 11:37:28 PM
2026-07-17
$25.00
5/20/2026, 11:37:28 PM
2026-08-21
$17.50
5/20/2026, 11:37:28 PM
2026-11-20
$15.00
5/20/2026, 11:37:28 PM
2027-01-15
$22.50
5/20/2026, 11:37:28 PM
Selected expiration: 2026-06-18 at max pain $20.00.
WYFI pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
6630500
6630500
7.5
0
5415250
5415250
10
0
4201000
4201000
12.5
500
2988250
2988750
15
143750
1798250
1942000
17.5
292750
913000
1205750
20
456500
384250
840750
22.5
700000
200750
900750
25
1057250
133000
1190250
30
2329750
58000
2387750
35
4906750
0
4906750
40
8888250
0
8888250
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.