This page reflects APA 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 — APA
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $32.50 (0.14 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$32.50
Nearest expiry
Expected Move
±$1.44
±4.4%
Days to Expiry
8
Calendar days
Total Call OI
1,816
Nearest expiry
Total Put OI
2,605
Nearest expiry
P/C OI Ratio
1.43
Put-heavy
Spot Price
$32.36
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
$34.00
6/26/2026, 11:03:53 PM
2026-07-02
$34.00
7/2/2026, 11:04:58 PM
2026-07-10NextUpdated
$32.50
7/3/2026, 11:02:47 PM
2026-07-17
$35.00
7/3/2026, 11:02:47 PM
2026-07-24
$40.00
7/3/2026, 11:02:47 PM
2026-07-31
$35.00
7/3/2026, 11:02:47 PM
2026-08-07
$36.00
7/3/2026, 11:02:47 PM
2026-08-21
$35.00
7/3/2026, 11:02:47 PM
2026-09-18
$35.00
7/3/2026, 11:02:47 PM
2026-10-16
$35.00
7/3/2026, 11:02:47 PM
2026-12-18
$35.00
7/3/2026, 11:02:47 PM
2027-01-15
$20.00
7/3/2026, 11:02:47 PM
2027-03-19
$35.00
7/3/2026, 11:02:47 PM
Selected expiration: 2026-07-10 at max pain $32.50.
APA pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
3115700
3115700
27
700
1292200
1292900
28
900
1031900
1032800
28.5
1000
902650
903650
29
1100
773900
775000
30
1300
524200
525500
31
1800
277900
279700
31.5
3150
197700
200850
32
17550
123800
141350
32.5
36750
51800
88550
33
58000
35100
93100
33.5
81300
23150
104450
34
105700
13000
118700
34.5
138750
8850
147600
35
171900
4900
176800
35.5
209800
2800
212600
36
249800
1700
251500
36.5
294450
1250
295700
37
339250
800
340050
37.5
395900
650
396550
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.