This page reflects BOH 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 — BOH
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $75.00 (7.73 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$0.55
±0.7%
Days to Expiry
15
Calendar days
Total Call OI
755
Nearest expiry
Total Put OI
751
Nearest expiry
P/C OI Ratio
0.99
Put-heavy
Spot Price
$82.73
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
$75.00
5/15/2026, 11:07:37 PM
2026-06-18
$75.00
6/18/2026, 11:05:56 PM
2026-07-17NextUpdated
$75.00
7/3/2026, 11:06:21 PM
2026-08-21
$75.00
7/3/2026, 11:06:21 PM
2026-10-16
$65.00
7/3/2026, 11:06:21 PM
2027-01-15
$70.00
7/3/2026, 11:06:21 PM
Selected expiration: 2026-07-17 at max pain $75.00.
BOH pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
2235000
2235000
50
0
1125000
1125000
55
0
755500
755500
60
0
510500
510500
65
0
300500
300500
70
6500
107000
113500
75
82000
27000
109000
80
287000
0
287000
85
589000
0
589000
90
966500
0
966500
95
1344000
0
1344000
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.