This page reflects AI 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 — AI
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $9.00 (0.06 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$9.00
Nearest expiry
Expected Move
±$0.67
±7.3%
Days to Expiry
8
Calendar days
Total Call OI
8,735
Nearest expiry
Total Put OI
2,391
Nearest expiry
P/C OI Ratio
0.27
Put-heavy
Spot Price
$9.06
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
$9.50
6/26/2026, 11:02:30 PM
2026-07-02
$9.00
7/2/2026, 11:02:15 PM
2026-07-10NextUpdated
$9.00
7/3/2026, 11:01:41 PM
2026-07-17
$10.00
7/3/2026, 11:01:41 PM
2026-07-24
$10.00
7/3/2026, 11:01:41 PM
2026-07-31
$9.50
7/3/2026, 11:01:41 PM
2026-08-07
$9.50
7/3/2026, 11:01:41 PM
2026-08-21
$10.00
7/3/2026, 11:01:41 PM
2026-09-18
$10.00
7/3/2026, 11:01:41 PM
2026-10-16
$10.00
7/3/2026, 11:01:41 PM
2026-12-18
$10.00
7/3/2026, 11:01:41 PM
2027-01-15
$15.00
7/3/2026, 11:01:41 PM
2027-03-19
$12.50
7/3/2026, 11:01:41 PM
Selected expiration: 2026-07-10 at max pain $9.00.
AI pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
4
0
1279550
1279550
4.5
150
1160000
1160150
6
900
801350
802250
6.5
1200
681800
683000
7
1500
562250
563750
7.5
2050
442850
444900
8
2650
323800
326450
8.5
4050
218200
222250
9
6900
123900
130800
9.5
63400
87950
151350
10
149750
56150
205900
10.5
285100
39200
324300
11
516750
25600
542350
11.5
774450
13700
788150
12
1059100
2350
1061450
12.5
1383600
1750
1385350
13
1724650
1350
1726000
13.5
2076550
1000
2077550
14
2496200
700
2496900
14.5
2919300
500
2919800
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.