thetaOwl

DHI

D.R. Horton, Inc.Close $158.57EOD only
Max Pain
$149.00
Next expiry Jul 10, 2026
Expected Move
±$3.55
2.2% from close
Price Gap
-9.57
Distance to max pain
IV Rank
8
Low premium
P/C OI
0.87
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-07-10 shows max pain at $149.00 (9.57 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$149.00
Nearest expiry
Expected Move
±$3.55
±2.2%
Days to Expiry
8
Calendar days
Total Call OI
564
Nearest expiry
Total Put OI
127
Nearest expiry
P/C OI Ratio
0.23
Put-heavy
Spot Price
$158.57
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$162.506/26/2026, 11:11:15 PM
2026-07-02$160.007/2/2026, 11:10:55 PM
2026-07-10NextUpdated$149.007/3/2026, 11:11:34 PM
2026-07-17$160.007/3/2026, 11:11:34 PM
2026-07-24$165.007/3/2026, 11:11:34 PM
2026-07-31$162.507/3/2026, 11:11:34 PM
2026-08-07$165.007/3/2026, 11:11:34 PM
2026-08-21$150.007/3/2026, 11:11:34 PM
2026-09-18$150.007/3/2026, 11:11:34 PM
2026-11-20$160.007/3/2026, 11:11:34 PM
2026-12-18$155.007/3/2026, 11:11:34 PM
2027-01-15$145.007/3/2026, 11:11:34 PM
2027-02-19$150.007/3/2026, 11:11:34 PM
2027-03-19$150.007/3/2026, 11:11:34 PM
2027-06-17$160.007/3/2026, 11:11:34 PM
Selected expiration: 2026-07-10 at max pain $149.00.
DHI pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
950552150552150
1202500234650237150
1253000189150192150
1303500145150148650
1324300128550132850
1345100112350117450
1355500104750110250
13763009055096850
13867008395090650
13971007765084750
14075007135078850
14180006505073050
14285005895067450
14390005295061950
145100004175051750
146106003715047750
147115003295044450
148125002875041250
149135002495038450
150245002175046250
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.