This page reflects CASY 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 — CASY
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $800.00 (2.58 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$800.00
Nearest expiry
Expected Move
±$41.25
±5.2%
Days to Expiry
15
Calendar days
Total Call OI
1,355
Nearest expiry
Total Put OI
1,276
Nearest expiry
P/C OI Ratio
0.94
Put-heavy
Spot Price
$797.42
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
$730.00
5/15/2026, 11:06:44 PM
2026-06-18
$820.00
6/18/2026, 11:07:07 PM
2026-07-17NextUpdated
$800.00
7/3/2026, 11:03:51 PM
2026-08-21
$780.00
7/3/2026, 11:03:51 PM
2026-11-20
$800.00
7/3/2026, 11:03:51 PM
2027-02-19
$760.00
7/3/2026, 11:03:51 PM
Selected expiration: 2026-07-17 at max pain $800.00.
CASY pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
580
0
22507000
22507000
590
0
21233000
21233000
600
2000
19960000
19962000
610
6000
18688000
18694000
620
10000
17417000
17427000
630
16000
16147000
16163000
640
24000
14881000
14905000
650
32000
13620000
13652000
660
40000
12363000
12403000
670
48000
11111000
11159000
680
57000
9866000
9923000
690
66000
8663000
8729000
700
75000
7478000
7553000
710
86000
6381000
6467000
720
111000
5427000
5538000
730
137000
4673000
4810000
740
179000
3950000
4129000
750
225000
3301000
3526000
760
293000
2714000
3007000
770
370000
2184000
2554000
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.