This page reflects DD 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 — DD
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $47.50 (92.41 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$47.50
Nearest expiry
Expected Move
±$7.30
±5.2%
Days to Expiry
15
Calendar days
Total Call OI
8,259
Nearest expiry
Total Put OI
2,118
Nearest expiry
P/C OI Ratio
0.26
Put-heavy
Spot Price
$139.91
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
2026-05-15
$50.00
5/15/2026, 11:11:41 PM
2026-06-18
$47.50
6/18/2026, 11:11:37 PM
2026-07-17NextUpdated
$47.50
7/3/2026, 11:10:35 PM
2026-08-21
$50.00
7/3/2026, 11:10:35 PM
2026-09-18
$50.00
7/3/2026, 11:10:35 PM
2026-10-16
$47.50
7/3/2026, 11:10:35 PM
2026-12-18
$42.50
7/3/2026, 11:10:35 PM
2027-01-15
$67.50
7/3/2026, 11:10:35 PM
2027-03-19
$45.00
7/3/2026, 11:10:35 PM
Selected expiration: 2026-07-17 at max pain $47.50.
DD pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
22.5
0
4842750
4842750
25
0
4314500
4314500
27.5
500
3786250
3786750
30
1000
3258500
3259500
32.5
1500
2732500
2734000
35
10500
2209750
2220250
37.5
19500
1721750
1741250
40
29750
1302750
1332500
42.5
68750
894000
962750
45
138000
601750
739750
47.5
255250
383250
638500
50
414000
251750
665750
52.5
1573250
226500
1799750
55
3214000
208500
3422500
57.5
5120500
201750
5322250
60
7056000
195000
7251000
65
11071000
181500
11252500
70
15086000
168000
15254000
120
55236000
33000
55269000
125
59251000
20000
59271000
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.