This page reflects A options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — A
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $130.00 (0.69 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
±$6.77
±5.2%
Days to Expiry
15
Calendar days
Total Call OI
4,563
Nearest expiry
Total Put OI
2,199
Nearest expiry
P/C OI Ratio
0.48
Put-heavy
Spot Price
$130.69
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$115.00
5/15/2026, 11:00:57 PM
2026-06-18
$125.00
6/18/2026, 11:00:58 PM
2026-07-17NextUpdated
$130.00
7/3/2026, 11:00:57 PM
2026-08-21
$125.00
7/3/2026, 11:00:57 PM
2026-09-18
$135.00
7/3/2026, 11:00:57 PM
2026-11-20
$125.00
7/3/2026, 11:00:57 PM
2026-12-18
$125.00
7/3/2026, 11:00:57 PM
2027-01-15
$110.00
7/3/2026, 11:00:57 PM
2027-03-19
$115.00
7/3/2026, 11:00:57 PM
Selected expiration: 2026-07-17 at max pain $130.00.
A pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
13538500
13538500
65
0
12441000
12441000
75
0
10247000
10247000
80
0
9172500
9172500
85
0
8100000
8100000
90
0
7028000
7028000
95
0
5963000
5963000
100
0
4997500
4997500
105
0
4040000
4040000
110
500
3104000
3104500
115
6500
2199500
2206000
120
77500
1330000
1407500
125
168000
876500
1044500
130
292000
510500
802500
135
775500
236000
1011500
140
2065500
97500
2163000
145
3547500
48500
3596000
150
5660500
0
5660500
155
7889500
0
7889500
160
10129500
0
10129500
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.