This page reflects ABR 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 — ABR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $4.00 (1.27 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$4.00
Nearest expiry
Expected Move
±$0.35
±6.6%
Days to Expiry
8
Calendar days
Total Call OI
773
Nearest expiry
Total Put OI
182
Nearest expiry
P/C OI Ratio
0.24
Put-heavy
Spot Price
$5.27
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$5.00
6/26/2026, 11:01:21 PM
2026-07-02
$5.00
7/2/2026, 11:01:15 PM
2026-07-10NextUpdated
$4.00
7/3/2026, 11:01:13 PM
2026-07-17
$6.00
7/3/2026, 11:01:13 PM
2026-07-24
$2.50
7/3/2026, 11:01:13 PM
2026-07-31
$1.50
7/3/2026, 11:01:13 PM
2026-08-07
$5.00
7/3/2026, 11:01:13 PM
2026-08-21
$8.00
7/3/2026, 11:01:13 PM
2026-10-16
$9.00
7/3/2026, 11:01:13 PM
2027-01-15
$9.00
7/3/2026, 11:01:13 PM
Selected expiration: 2026-07-10 at max pain $4.00.
ABR pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
73700
73700
1.5
3550
64600
68150
2
11000
55500
66500
2.5
19450
46550
66000
3
27900
37700
65600
4
45200
20200
65400
4.5
54150
11550
65700
5
63150
3100
66250
5.5
76350
2150
78500
6
108750
1400
110150
6.5
146250
1000
147250
7
184600
600
185200
8
261300
0
261300
8.5
299950
0
299950
9
338600
0
338600
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.