This page reflects CNC 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 — CNC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $63.00 (4.86 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$63.00
Nearest expiry
Expected Move
±$2.01
±3.0%
Days to Expiry
8
Calendar days
Total Call OI
8,959
Nearest expiry
Total Put OI
5,010
Nearest expiry
P/C OI Ratio
0.56
Put-heavy
Spot Price
$67.86
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
$63.00
6/26/2026, 11:08:44 PM
2026-07-02
$62.00
7/2/2026, 11:07:32 PM
2026-07-10NextUpdated
$63.00
7/3/2026, 11:09:18 PM
2026-07-17
$62.50
7/3/2026, 11:09:18 PM
2026-07-24
$55.00
7/3/2026, 11:09:18 PM
2026-07-31
$66.00
7/3/2026, 11:09:18 PM
2026-08-21
$60.00
7/3/2026, 11:09:18 PM
2026-09-18
$37.50
7/3/2026, 11:09:18 PM
2026-12-18
$55.00
7/3/2026, 11:09:18 PM
2027-01-15
$25.00
7/3/2026, 11:09:18 PM
2027-03-19
$52.50
7/3/2026, 11:09:18 PM
2027-06-17
$75.00
7/3/2026, 11:09:18 PM
Selected expiration: 2026-07-10 at max pain $63.00.
CNC pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
11347800
11347800
48
800
7339800
7340600
49
1000
6838800
6839800
50
1300
6337800
6339100
51
2700
5837000
5839700
55
12700
3835000
3847700
56
15200
3335000
3350200
57
17700
2835400
2853100
58
20800
2337200
2358000
58.5
22500
2089050
2111550
59
24650
1840900
1865550
60
30350
1349800
1380150
61
39350
867800
907150
62
51450
635100
686550
63
75550
421300
496850
64
248550
267600
516150
65
445050
156400
601450
66
744250
91100
835350
67
1174250
53000
1227250
68
1792450
43300
1835750
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.