This page reflects CC 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 — CC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $20.00 (0.99 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$20.00
Nearest expiry
Expected Move
±$0.60
±3.2%
Days to Expiry
8
Calendar days
Total Call OI
2,971
Nearest expiry
Total Put OI
206
Nearest expiry
P/C OI Ratio
0.07
Put-heavy
Spot Price
$19.01
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
$20.00
6/26/2026, 11:07:07 PM
2026-07-02
$20.50
7/2/2026, 11:08:20 PM
2026-07-10NextUpdated
$20.00
7/3/2026, 11:07:20 PM
2026-07-17
$17.00
7/3/2026, 11:07:20 PM
2026-07-24
$19.00
7/3/2026, 11:07:20 PM
2026-07-31
$20.00
7/3/2026, 11:07:20 PM
2026-08-21
$20.00
7/3/2026, 11:07:20 PM
2026-09-18
$18.00
7/3/2026, 11:07:20 PM
2026-10-16
$21.00
7/3/2026, 11:07:20 PM
2027-01-15
$15.00
7/3/2026, 11:07:20 PM
Selected expiration: 2026-07-10 at max pain $20.00.
CC pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
16
0
60900
60900
16.5
0
50700
50700
17
0
40600
40600
17.5
0
33300
33300
18
0
26450
26450
18.5
0
20150
20150
19
0
14450
14450
19.5
0
9150
9150
20
0
5150
5150
20.5
55150
3350
58500
21
199700
1700
201400
21.5
344600
950
345550
22
490200
800
491000
22.5
636250
750
637000
23
782600
700
783300
23.5
929700
650
930350
24
1077000
600
1077600
25
1371600
500
1372100
25.5
1519500
450
1519950
26
1667600
400
1668000
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.