This page reflects B 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 — B
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $37.00 (1.21 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$37.00
Nearest expiry
Expected Move
±$1.71
±4.5%
Days to Expiry
8
Calendar days
Total Call OI
7,413
Nearest expiry
Total Put OI
2,627
Nearest expiry
P/C OI Ratio
0.35
Put-heavy
Spot Price
$38.21
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
$37.00
6/26/2026, 11:05:49 PM
2026-07-02
$37.00
7/2/2026, 11:06:21 PM
2026-07-10NextUpdated
$37.00
7/3/2026, 11:05:20 PM
2026-07-17
$39.00
7/3/2026, 11:05:20 PM
2026-07-24
$39.00
7/3/2026, 11:05:20 PM
2026-07-31
$37.00
7/3/2026, 11:05:20 PM
2026-08-07
$40.00
7/3/2026, 11:05:20 PM
2026-08-21
$40.00
7/3/2026, 11:05:20 PM
2026-09-18
$38.00
7/3/2026, 11:05:20 PM
2026-10-16
$40.00
7/3/2026, 11:05:20 PM
2026-12-18
$30.00
7/3/2026, 11:05:20 PM
2027-01-15
$30.00
7/3/2026, 11:05:20 PM
2027-03-19
$45.00
7/3/2026, 11:05:20 PM
2027-06-17
$40.00
7/3/2026, 11:05:20 PM
Selected expiration: 2026-07-10 at max pain $37.00.
B pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
2846400
2846400
28
600
2058300
2058900
30
1000
1533100
1534100
31.5
2200
1139200
1141400
32
2600
1013850
1016450
33
3400
765050
768450
33.5
3950
641800
645750
34
4500
518900
523400
34.5
6750
398050
404800
35
9000
280950
289950
35.5
11950
192700
204650
36
17450
110000
127450
36.5
25200
83600
108800
37
33600
58500
92100
37.5
90450
43500
133950
38
155500
29400
184900
38.5
266200
20350
286550
39
383300
11300
394600
39.5
519000
6400
525400
40
666350
2850
669200
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.