thetaOwl

APP

Applovin CorporationClose $527.06EOD only
Max Pain
$500.00
Next expiry Jul 10, 2026
Expected Move
±$43.55
8.3% from close
Price Gap
-27.06
Distance to max pain
IV Rank
10
Low premium
P/C OI
0.80
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects APP 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 — APP
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $500.00 (27.06 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$500.00
Nearest expiry
Expected Move
±$43.55
±8.3%
Days to Expiry
8
Calendar days
Total Call OI
4,901
Nearest expiry
Total Put OI
3,372
Nearest expiry
P/C OI Ratio
0.69
Put-heavy
Spot Price
$527.06
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$455.006/26/2026, 11:03:23 PM
2026-07-02$487.507/2/2026, 11:05:38 PM
2026-07-10NextUpdated$500.007/3/2026, 11:03:41 PM
2026-07-17$487.507/3/2026, 11:03:41 PM
2026-07-24$505.007/3/2026, 11:03:41 PM
2026-07-31$465.007/3/2026, 11:03:41 PM
2026-08-07$510.007/3/2026, 11:03:41 PM
2026-08-21$500.007/3/2026, 11:03:41 PM
2026-09-18$470.007/3/2026, 11:03:41 PM
2026-11-20$480.007/3/2026, 11:03:41 PM
2026-12-18$490.007/3/2026, 11:03:41 PM
2027-01-15$470.007/3/2026, 11:03:41 PM
2027-02-19$450.007/3/2026, 11:03:41 PM
2027-06-17$430.007/3/2026, 11:03:41 PM
Selected expiration: 2026-07-10 at max pain $500.00.
APP pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
28505479450054794500
29005310950053109500
2955005142450051425000
30010004974000049741000
30515004810150048103000
31020004646500046467000
31525004483200044834500
32030004320700043210000
32535004158550041589000
33040003997750039981500
33545003843500038439500
34050003690050036905500
342.552503614375036149000
34555003538725035392750
347.557503463225034638000
35060003387775033883750
352.5112503313225033143500
355165003238700032403500
357.5217503164425031666000
360270003090375030930750
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.