This page reflects YELP 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 — YELP
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $23.00 (0.53 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$23.00
Nearest expiry
Expected Move
±$2.48
±11.0%
Days to Expiry
29
Calendar days
Total Call OI
1,352
Nearest expiry
Total Put OI
267
Nearest expiry
P/C OI Ratio
0.20
Put-heavy
Spot Price
$22.47
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
$25.00
4/17/2026, 11:33:19 PM
2026-05-15
$30.00
5/15/2026, 11:48:33 PM
2026-06-18NextUpdated
$23.00
5/20/2026, 11:41:26 PM
2026-07-17
$21.00
5/20/2026, 11:41:26 PM
2026-08-21
$25.00
5/20/2026, 11:41:26 PM
2026-11-20
$24.00
5/20/2026, 11:41:26 PM
Selected expiration: 2026-06-18 at max pain $23.00.
YELP pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
19
0
107400
107400
20
0
82100
82100
21
0
57400
57400
22
1000
34900
35900
23
4900
13300
18200
24
45400
7400
52800
25
85900
3700
89600
26
181400
1000
182400
27
278400
0
278400
28
378200
0
378200
29
482700
0
482700
30
588700
0
588700
31
697200
0
697200
32
806000
0
806000
33
915100
0
915100
34
1050100
0
1050100
35
1185100
0
1185100
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.