Nearest listed expiration 2026-07-06 shows max pain at $285.00 (23.63 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$285.00
Nearest expiry
Expected Move
±$2.63
±0.8%
Days to Expiry
4
Calendar days
Total Call OI
34,938
Nearest expiry
Total Put OI
14,630
Nearest expiry
P/C OI Ratio
0.42
Put-heavy
Spot Price
$308.63
Published close
Consensus
8.5/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-06
Expiration
Max Pain Strike
Last Updated
2026-07-01
$285.00
7/1/2026, 11:01:31 PM
2026-07-02
$287.50
7/2/2026, 11:01:29 PM
2026-07-06NextUpdated
$285.00
7/3/2026, 11:01:24 PM
2026-07-08
$285.00
7/3/2026, 11:01:24 PM
2026-07-10
$290.00
7/3/2026, 11:01:24 PM
2026-07-17
$280.00
7/3/2026, 11:01:24 PM
2026-07-24
$285.00
7/3/2026, 11:01:24 PM
2026-07-31
$285.00
7/3/2026, 11:01:24 PM
2026-08-07
$280.00
7/3/2026, 11:01:24 PM
2026-08-21
$285.00
7/3/2026, 11:01:24 PM
2026-09-18
$270.00
7/3/2026, 11:01:24 PM
2026-10-16
$275.00
7/3/2026, 11:01:24 PM
2026-11-20
$270.00
7/3/2026, 11:01:24 PM
2026-12-18
$250.00
7/3/2026, 11:01:24 PM
2027-01-15
$260.00
7/3/2026, 11:01:24 PM
2027-02-19
$270.00
7/3/2026, 11:01:24 PM
2027-03-19
$270.00
7/3/2026, 11:01:24 PM
2027-06-17
$250.00
7/3/2026, 11:01:24 PM
Selected expiration: 2026-07-06 at max pain $285.00.
AAPL pain by strike for 2026-07-06 expiration
Strike
Call Pain
Put Pain
Total Pain
225
0
78200500
78200500
230
0
70888000
70888000
240
0
56336000
56336000
245
14500
49066500
49081000
250
44000
41805000
41849000
255
91500
34565000
34656500
260
158500
27375000
27533500
262.5
198250
23818250
24016500
265
241500
20302750
20544250
267.5
289250
17119750
17409000
270
339750
14041500
14381250
272.5
398750
11413250
11812000
275
465500
9109750
9575250
277.5
583500
7305500
7889000
280
745750
5666250
6412000
282.5
1043000
4245500
5288500
285
1436250
2942500
4378750
287.5
2476750
1927750
4404500
290
3774000
1122250
4896250
292.5
6048250
620750
6669000
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.