This page reflects CF 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 — CF
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $101.00 (9.54 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$101.00
Nearest expiry
Expected Move
±$4.97
±4.5%
Days to Expiry
8
Calendar days
Total Call OI
1,434
Nearest expiry
Total Put OI
587
Nearest expiry
P/C OI Ratio
0.41
Put-heavy
Spot Price
$110.54
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
$103.00
6/26/2026, 11:08:04 PM
2026-07-02
$103.00
7/2/2026, 11:07:35 PM
2026-07-10NextUpdated
$101.00
7/3/2026, 11:07:24 PM
2026-07-17
$110.00
7/3/2026, 11:07:24 PM
2026-07-24
$94.00
7/3/2026, 11:07:24 PM
2026-07-31
$102.00
7/3/2026, 11:07:24 PM
2026-08-07
$112.00
7/3/2026, 11:07:24 PM
2026-08-21
$110.00
7/3/2026, 11:07:24 PM
2026-09-18
$115.00
7/3/2026, 11:07:24 PM
2026-11-20
$115.00
7/3/2026, 11:07:24 PM
2026-12-18
$100.00
7/3/2026, 11:07:24 PM
2027-01-15
$100.00
7/3/2026, 11:07:24 PM
2027-02-19
$80.00
7/3/2026, 11:07:24 PM
2027-03-19
$130.00
7/3/2026, 11:07:24 PM
2027-06-17
$80.00
7/3/2026, 11:07:24 PM
Selected expiration: 2026-07-10 at max pain $101.00.
CF pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
89
0
851500
851500
90
100
792800
792900
93
400
626000
626400
94
600
571100
571700
95
800
516300
517100
96
1100
463300
464400
97
9300
411100
420400
98
25400
359000
384400
99
47900
308400
356300
100
77000
263800
340800
101
113300
222700
336000
102
150700
185600
336300
103
190900
150400
341300
104
232800
120800
353600
105
275800
100700
376500
106
319100
85200
404300
107
386100
73500
459600
108
455700
62000
517700
109
540500
51200
591700
110
639200
40600
679800
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.