This page reflects WYNN 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 — WYNN
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $97.00 (1.06 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$97.00
Nearest expiry
Expected Move
±$2.70
±2.8%
Days to Expiry
2
Calendar days
Total Call OI
1,972
Nearest expiry
Total Put OI
1,467
Nearest expiry
P/C OI Ratio
0.74
Put-heavy
Spot Price
$98.06
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
$107.00
5/8/2026, 11:37:14 PM
2026-05-15
$115.00
5/15/2026, 11:48:11 PM
2026-05-22NextUpdated
$97.00
5/20/2026, 11:40:29 PM
2026-05-29
$98.00
5/20/2026, 11:40:29 PM
2026-06-05
$97.00
5/20/2026, 11:40:29 PM
2026-06-12
$99.00
5/20/2026, 11:40:29 PM
2026-06-18
$90.00
5/20/2026, 11:40:29 PM
2026-06-26
$98.00
5/20/2026, 11:40:29 PM
2026-07-17
$100.00
5/20/2026, 11:40:29 PM
2026-08-21
$105.00
5/20/2026, 11:40:29 PM
2026-09-18
$90.00
5/20/2026, 11:40:29 PM
2026-11-20
$100.00
5/20/2026, 11:40:29 PM
2026-12-18
$100.00
5/20/2026, 11:40:29 PM
2027-01-15
$110.00
5/20/2026, 11:40:29 PM
2027-03-19
$100.00
5/20/2026, 11:40:29 PM
Selected expiration: 2026-05-22 at max pain $97.00.
WYNN pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
70
0
3292300
3292300
75
0
2562800
2562800
80
0
1848300
1848300
84
0
1285900
1285900
85
0
1149700
1149700
86
0
1018000
1018000
87
0
886500
886500
88
0
756200
756200
89
200
631000
631200
90
400
517900
518300
91
800
433500
434300
92
1200
351000
352200
93
3700
283900
287600
94
6200
228300
234500
95
9000
183500
192500
96
13300
146500
159800
97
24100
120300
144400
98
47900
100100
148000
99
79600
83000
162600
100
130000
66600
196600
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.