This page reflects CAR 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 — CAR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $170.00 (6.56 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$170.00
Nearest expiry
Expected Move
±$9.92
±6.1%
Days to Expiry
8
Calendar days
Total Call OI
642
Nearest expiry
Total Put OI
1,260
Nearest expiry
P/C OI Ratio
1.96
Put-heavy
Spot Price
$163.44
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
$170.00
6/26/2026, 11:08:51 PM
2026-07-02
$157.50
7/2/2026, 11:09:06 PM
2026-07-10NextUpdated
$170.00
7/3/2026, 11:08:27 PM
2026-07-17
$172.50
7/3/2026, 11:08:27 PM
2026-07-24
$190.00
7/3/2026, 11:08:27 PM
2026-07-31
$170.00
7/3/2026, 11:08:27 PM
2026-08-07
$165.00
7/3/2026, 11:08:27 PM
2026-08-21
$190.00
7/3/2026, 11:08:27 PM
2026-09-18
$200.00
7/3/2026, 11:08:27 PM
2026-10-16
$370.00
7/3/2026, 11:08:27 PM
2026-11-20
$170.00
7/3/2026, 11:08:27 PM
2026-12-18
$210.00
7/3/2026, 11:08:27 PM
2027-01-15
$230.00
7/3/2026, 11:08:27 PM
2027-02-19
$135.00
7/3/2026, 11:08:27 PM
Selected expiration: 2026-07-10 at max pain $170.00.
CAR pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
100
0
7440950
7440950
110
0
6236950
6236950
120
6000
5057950
5063950
125
16500
4468450
4484950
130
27500
3878950
3906450
135
39000
3290950
3329950
140
55500
2702950
2758450
141
59900
2599050
2658950
142
65200
2502450
2567650
143
74900
2405850
2480750
145
95700
2212650
2308350
146
106100
2116250
2222350
148
129100
1923450
2052550
149
141400
1827050
1968450
150
156700
1731250
1887950
152.5
208450
1497750
1706200
155
265700
1284500
1550200
157.5
325700
1090250
1415950
160
386450
896500
1282950
162.5
448700
710250
1158950
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.