This page reflects DE 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 — DE
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $590.00 (31.27 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$590.00
Nearest expiry
Expected Move
±$10.95
±1.8%
Days to Expiry
8
Calendar days
Total Call OI
1,164
Nearest expiry
Total Put OI
1,005
Nearest expiry
P/C OI Ratio
0.86
Put-heavy
Spot Price
$621.27
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
$572.50
6/26/2026, 11:09:40 PM
2026-07-02
$612.50
7/2/2026, 11:11:42 PM
2026-07-10NextUpdated
$590.00
7/3/2026, 11:10:39 PM
2026-07-17
$600.00
7/3/2026, 11:10:39 PM
2026-07-24
$590.00
7/3/2026, 11:10:39 PM
2026-07-31
$610.00
7/3/2026, 11:10:39 PM
2026-08-07
$610.00
7/3/2026, 11:10:39 PM
2026-08-21
$600.00
7/3/2026, 11:10:39 PM
2026-09-18
$580.00
7/3/2026, 11:10:39 PM
2026-12-18
$510.00
7/3/2026, 11:10:39 PM
2027-01-15
$500.00
7/3/2026, 11:10:39 PM
2027-02-19
$660.00
7/3/2026, 11:10:39 PM
2027-03-19
$560.00
7/3/2026, 11:10:39 PM
2027-06-17
$580.00
7/3/2026, 11:10:39 PM
Selected expiration: 2026-07-10 at max pain $590.00.
DE pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
310
0
24645000
24645000
430
0
12897000
12897000
440
0
11918000
11918000
460
0
9960000
9960000
470
0
8981000
8981000
475
0
8492500
8492500
480
0
8005000
8005000
490
0
7033000
7033000
495
0
6549500
6549500
500
0
6066000
6066000
505
0
5586500
5586500
510
0
5107000
5107000
515
0
4656500
4656500
520
0
4206500
4206500
525
0
3761000
3761000
530
0
3316000
3316000
535
0
2921500
2921500
540
0
2527500
2527500
545
0
2137500
2137500
547.5
0
1948000
1948000
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.