This page reflects ATI 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 — ATI
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $175.00 (13.10 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$175.00
Nearest expiry
Expected Move
±$13.95
±7.4%
Days to Expiry
15
Calendar days
Total Call OI
7,202
Nearest expiry
Total Put OI
3,214
Nearest expiry
P/C OI Ratio
0.45
Put-heavy
Spot Price
$188.10
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
$130.00
5/15/2026, 11:04:14 PM
2026-06-18
$160.00
6/18/2026, 11:05:07 PM
2026-07-17NextUpdated
$175.00
7/3/2026, 11:04:23 PM
2026-08-21
$135.00
7/3/2026, 11:04:23 PM
2026-10-16
$165.00
7/3/2026, 11:04:23 PM
2026-11-20
$145.00
7/3/2026, 11:04:23 PM
2027-01-15
$145.00
7/3/2026, 11:04:23 PM
Selected expiration: 2026-07-17 at max pain $175.00.
ATI pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
34373750
34373750
70
0
32766750
32766750
75
1500
31159750
31161250
80
3000
29553750
29556750
85
5000
27947750
27952750
87.5
11750
27145750
27157500
90
18750
26347250
26366000
92.5
25750
25552000
25577750
95
40250
24761750
24802000
97.5
67000
23983000
24050000
100
102250
23212500
23314750
105
185250
21690500
21875750
110
303250
20179000
20482250
115
427750
18682500
19110250
120
558250
17201500
17759750
125
699750
15726000
16425750
130
844750
14279000
15123750
135
1006250
12849500
13855750
140
1170750
11425000
12595750
145
1350250
10049500
11399750
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.