Nearest listed expiration 2026-07-10 shows max pain at $155.00 (10.48 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$155.00
Nearest expiry
Expected Move
±$13.75
±8.3%
Days to Expiry
8
Calendar days
Total Call OI
36,707
Nearest expiry
Total Put OI
30,465
Nearest expiry
P/C OI Ratio
0.83
Put-heavy
Spot Price
$165.48
Published close
Consensus
6.5/10
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
$157.50
6/26/2026, 11:10:00 PM
2026-07-02
$149.00
7/2/2026, 11:08:37 PM
2026-07-10NextUpdated
$155.00
7/3/2026, 11:10:09 PM
2026-07-17
$175.00
7/3/2026, 11:10:09 PM
2026-07-24
$160.00
7/3/2026, 11:10:09 PM
2026-07-31
$165.00
7/3/2026, 11:10:09 PM
2026-08-07
$175.00
7/3/2026, 11:10:09 PM
2026-08-21
$160.00
7/3/2026, 11:10:09 PM
2026-09-18
$210.00
7/3/2026, 11:10:09 PM
2026-10-16
$190.00
7/3/2026, 11:10:09 PM
2026-11-20
$195.00
7/3/2026, 11:10:09 PM
2026-12-18
$200.00
7/3/2026, 11:10:09 PM
2027-01-15
$200.00
7/3/2026, 11:10:09 PM
2027-02-19
$180.00
7/3/2026, 11:10:09 PM
2027-03-19
$200.00
7/3/2026, 11:10:09 PM
2027-04-16
$200.00
7/3/2026, 11:10:09 PM
2027-05-21
$200.00
7/3/2026, 11:10:09 PM
2027-06-17
$180.00
7/3/2026, 11:10:09 PM
Selected expiration: 2026-07-10 at max pain $155.00.
COIN pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
288401100
288401100
45
0
273186100
273186100
50
0
257972100
257972100
65
0
212531100
212531100
70
0
197472100
197472100
75
0
182419100
182419100
80
0
167960600
167960600
85
0
153978100
153978100
90
0
140042600
140042600
95
0
126185100
126185100
100
0
113212600
113212600
105
9500
100489600
100499100
108
15500
92962600
92978100
110
19500
87944800
87964300
114
53900
78348000
78401900
115
62500
75950300
76012800
116
71600
73638600
73710200
117
80700
71329500
71410200
118
89800
69027600
69117400
119
98900
66726400
66825300
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.