This page reflects DBRG 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 — DBRG
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $10.00 (5.78 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.00
Nearest expiry
Expected Move
±$1.38
±8.7%
Days to Expiry
15
Calendar days
Total Call OI
23,456
Nearest expiry
Total Put OI
1,616
Nearest expiry
P/C OI Ratio
0.07
Put-heavy
Spot Price
$15.78
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-06-26
$7.00
6/26/2026, 11:09:59 PM
2026-07-02
$8.00
7/2/2026, 11:11:27 PM
2026-07-17NextUpdated
$10.00
7/3/2026, 11:11:19 PM
2026-09-18
$13.00
7/3/2026, 11:11:19 PM
2026-12-18
$12.00
7/3/2026, 11:11:19 PM
2027-01-15
$12.00
7/3/2026, 11:11:19 PM
Selected expiration: 2026-07-17 at max pain $10.00.
DBRG pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
567500
567500
5
0
407300
407300
6
0
329000
329000
7
100
250800
250900
8
400
173700
174100
9
9800
132300
142100
10
19500
91300
110800
12
1462500
26100
1488600
13
3106000
17200
3123200
14
4750100
8300
4758400
15
6394800
600
6395400
16
8395600
100
8395700
17
10626000
0
10626000
18
12930400
0
12930400
19
15235000
0
15235000
20
17539700
0
17539700
21
19870700
0
19870700
22
22201900
0
22201900
23
24533300
0
24533300
25
29196300
0
29196300
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.