thetaOwl

DAN

Dana IncorporatedClose $24.91EOD only
Max Pain
$30.00
Next expiry Jul 17, 2026
Expected Move
±$1.10
4.4% from close
Price Gap
+5.09
Distance to max pain
IV Rank
8
Low premium
P/C OI
1.23
Slightly put-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects DAN 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 — DAN
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $30.00 (5.09 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$1.10
±4.4%
Days to Expiry
15
Calendar days
Total Call OI
464
Nearest expiry
Total Put OI
234
Nearest expiry
P/C OI Ratio
0.50
Put-heavy
Spot Price
$24.91
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$36.005/15/2026, 11:12:42 PM
2026-06-18$28.006/18/2026, 11:10:29 PM
2026-07-17NextUpdated$30.007/3/2026, 11:09:26 PM
2026-08-21$31.007/3/2026, 11:09:26 PM
2026-09-18$30.007/3/2026, 11:09:26 PM
2026-11-20$30.007/3/2026, 11:09:26 PM
2026-12-18$25.007/3/2026, 11:09:26 PM
2027-01-15$30.007/3/2026, 11:09:26 PM
2027-02-19$27.007/3/2026, 11:09:26 PM
Selected expiration: 2026-07-17 at max pain $30.00.
DAN pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
220148900148900
230126000126000
240103200103200
2508060080600
2605830058300
2703680036800
2819001670018600
2938001310016900
3063001010016400
319800810017900
3220300620026500
3332400480037200
3444500340047900
3560700200062700
3687800100088800
371152000115200
381436000143600
391825000182500
402215000221500
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.