This page reflects ALL 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 — ALL
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $230.00 (20.33 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$230.00
Nearest expiry
Expected Move
±$9.40
±3.8%
Days to Expiry
15
Calendar days
Total Call OI
3,927
Nearest expiry
Total Put OI
4,399
Nearest expiry
P/C OI Ratio
1.12
Put-heavy
Spot Price
$250.33
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
$210.00
5/15/2026, 11:02:09 PM
2026-06-18
$220.00
6/18/2026, 11:02:30 PM
2026-07-17NextUpdated
$230.00
7/3/2026, 11:01:52 PM
2026-08-21
$220.00
7/3/2026, 11:01:52 PM
2026-09-18
$210.00
7/3/2026, 11:01:52 PM
2026-10-16
$210.00
7/3/2026, 11:01:52 PM
2026-12-18
$210.00
7/3/2026, 11:01:52 PM
2027-01-15
$200.00
7/3/2026, 11:01:52 PM
2027-03-19
$200.00
7/3/2026, 11:01:52 PM
2027-06-17
$240.00
7/3/2026, 11:01:52 PM
Selected expiration: 2026-07-17 at max pain $230.00.
ALL pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
130
0
34953000
34953000
135
0
32760000
32760000
140
0
30573000
30573000
145
0
28396000
28396000
150
0
26228500
26228500
155
0
24081500
24081500
160
0
21943000
21943000
165
4500
19816500
19821000
170
20500
17697000
17717500
175
36500
15589000
15625500
180
52500
13509000
13561500
185
71000
11460000
11531000
190
90500
9428500
9519000
195
115000
7645000
7760000
200
155000
5895000
6050000
210
266000
2996000
3262000
220
511000
870000
1381000
230
1274000
100000
1374000
240
3274000
8000
3282000
250
6309000
0
6309000
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.