This page reflects BOOT 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 — BOOT
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $165.00 (7.28 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$165.00
Nearest expiry
Expected Move
±$12.65
±8.0%
Days to Expiry
15
Calendar days
Total Call OI
5,374
Nearest expiry
Total Put OI
304
Nearest expiry
P/C OI Ratio
0.06
Put-heavy
Spot Price
$157.72
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
$145.00
5/15/2026, 11:07:29 PM
2026-06-18
$150.00
6/18/2026, 11:04:14 PM
2026-07-17NextUpdated
$165.00
7/3/2026, 11:05:53 PM
2026-08-21
$170.00
7/3/2026, 11:05:53 PM
2026-11-20
$175.00
7/3/2026, 11:05:53 PM
2027-02-19
$120.00
7/3/2026, 11:05:53 PM
Selected expiration: 2026-07-17 at max pain $165.00.
BOOT pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
100
0
1872000
1872000
115
0
1416000
1416000
120
0
1265000
1265000
125
0
1119500
1119500
130
0
979000
979000
135
0
842500
842500
140
0
706500
706500
145
5000
574500
579500
150
13500
463000
476500
155
25500
371500
397000
160
68500
282500
351000
165
114500
198500
313000
170
222000
127500
349500
175
342000
64000
406000
180
496500
4500
501000
185
746000
2000
748000
190
1797000
0
1797000
195
2860500
0
2860500
200
3936000
0
3936000
210
9295000
0
9295000
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.