This page reflects ASPI 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 — ASPI
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $6.00 (0.37 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$6.00
Nearest expiry
Expected Move
±$0.68
±12.0%
Days to Expiry
8
Calendar days
Total Call OI
5,097
Nearest expiry
Total Put OI
1,595
Nearest expiry
P/C OI Ratio
0.31
Put-heavy
Spot Price
$5.63
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
$6.00
6/26/2026, 11:04:52 PM
2026-07-02
$6.00
7/2/2026, 11:04:29 PM
2026-07-10NextUpdated
$6.00
7/3/2026, 11:04:27 PM
2026-07-17
$6.00
7/3/2026, 11:04:27 PM
2026-07-24
$5.00
7/3/2026, 11:04:27 PM
2026-07-31
$6.00
7/3/2026, 11:04:27 PM
2026-08-07
$1.00
7/3/2026, 11:04:27 PM
2026-08-21
$6.00
7/3/2026, 11:04:27 PM
2026-10-16
$6.00
7/3/2026, 11:04:27 PM
2027-01-15
$6.00
7/3/2026, 11:04:27 PM
Selected expiration: 2026-07-10 at max pain $6.00.
ASPI pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
637700
637700
2.5
150
557950
558100
4
600
318700
319300
4.5
750
239150
239900
5
950
160250
161200
5.5
1300
98200
99500
6
15150
38300
53450
6.5
36600
24550
61150
7
72200
13800
86000
7.5
228750
8200
236950
8
402750
6300
409050
8.5
619950
4400
624350
9
845800
3100
848900
9.5
1073400
2000
1075400
10
1301050
900
1301950
10.5
1555250
700
1555950
11
1809700
500
1810200
12
2319400
200
2319600
13
2829100
0
2829100
14
3338800
0
3338800
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.