This page reflects CAMT 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 — CAMT
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $180.00 (37.50 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$180.00
Nearest expiry
Expected Move
±$19.35
±13.6%
Days to Expiry
15
Calendar days
Total Call OI
4,321
Nearest expiry
Total Put OI
587
Nearest expiry
P/C OI Ratio
0.14
Put-heavy
Spot Price
$142.50
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
$110.00
5/15/2026, 11:03:50 PM
2026-06-18
$170.00
6/18/2026, 11:09:12 PM
2026-07-17NextUpdated
$180.00
7/3/2026, 11:03:35 PM
2026-08-21
$180.00
7/3/2026, 11:03:35 PM
2026-11-20
$160.00
7/3/2026, 11:03:35 PM
2027-01-15
$90.00
7/3/2026, 11:03:35 PM
2027-02-19
$130.00
7/3/2026, 11:03:35 PM
Selected expiration: 2026-07-17 at max pain $180.00.
CAMT pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
100
0
4125000
4125000
115
0
3246000
3246000
120
0
2960000
2960000
125
2000
2680000
2682000
130
4000
2402500
2406500
135
9500
2128000
2137500
140
15000
1862000
1877000
145
76000
1607000
1683000
150
137000
1365500
1502500
155
198000
1161500
1359500
160
263500
969000
1232500
165
340500
790500
1131000
170
425500
615500
1041000
175
517000
442000
959000
180
651500
299000
950500
185
824000
164000
988000
190
1012500
88000
1100500
195
1264500
14500
1279000
200
1544500
11000
1555500
210
3322500
4000
3326500
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.