This page reflects DHR 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 — DHR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $185.00 (12.93 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$185.00
Nearest expiry
Expected Move
±$3.65
±1.8%
Days to Expiry
8
Calendar days
Total Call OI
1,754
Nearest expiry
Total Put OI
204
Nearest expiry
P/C OI Ratio
0.12
Put-heavy
Spot Price
$197.93
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
$190.00
6/26/2026, 11:11:57 PM
2026-07-02
$192.50
7/2/2026, 11:11:47 PM
2026-07-10NextUpdated
$185.00
7/3/2026, 11:08:31 PM
2026-07-17
$180.00
7/3/2026, 11:08:31 PM
2026-07-24
$185.00
7/3/2026, 11:08:31 PM
2026-07-31
$175.00
7/3/2026, 11:08:31 PM
2026-08-07
$185.00
7/3/2026, 11:08:31 PM
2026-08-21
$180.00
7/3/2026, 11:08:31 PM
2026-09-18
$185.00
7/3/2026, 11:08:31 PM
2026-12-18
$200.00
7/3/2026, 11:08:31 PM
2027-01-15
$200.00
7/3/2026, 11:08:31 PM
2027-03-19
$190.00
7/3/2026, 11:08:31 PM
2027-06-17
$180.00
7/3/2026, 11:08:31 PM
Selected expiration: 2026-07-10 at max pain $185.00.
DHR pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
110
0
1476000
1476000
160
0
461000
461000
165
0
361000
361000
167.5
250
312500
312750
170
750
264250
265000
172.5
1250
216750
218000
175
3750
179250
183000
177.5
14250
142750
157000
180
29750
107500
137250
182.5
48750
75000
123750
185
70000
48750
118750
187.5
96500
24750
121250
190
125750
8250
134000
192.5
221750
0
221750
195
347500
0
347500
197.5
488750
0
488750
200
880250
0
880250
202.5
1292250
0
1292250
205
1718500
0
1718500
220
4327000
0
4327000
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.