Nearest listed expiration 2026-07-10 shows max pain at $519.00 (8.88 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$519.00
Nearest expiry
Expected Move
±$6.58
±1.3%
Days to Expiry
8
Calendar days
Total Call OI
11,672
Nearest expiry
Total Put OI
10,351
Nearest expiry
P/C OI Ratio
0.89
Put-heavy
Spot Price
$527.88
Published close
Consensus
7.0/10
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
2026-06-30
$515.00
6/30/2026, 11:13:36 PM
2026-07-02
$522.00
7/2/2026, 11:11:59 PM
2026-07-10NextUpdated
$519.00
7/3/2026, 11:08:55 PM
2026-07-17
$510.00
7/3/2026, 11:08:55 PM
2026-07-24
$517.00
7/3/2026, 11:08:55 PM
2026-07-31
$520.00
7/3/2026, 11:08:55 PM
2026-08-07
$520.00
7/3/2026, 11:08:55 PM
2026-08-21
$510.00
7/3/2026, 11:08:55 PM
2026-09-18
$500.00
7/3/2026, 11:08:55 PM
2026-09-30
$480.00
7/3/2026, 11:08:55 PM
2026-12-18
$470.00
7/3/2026, 11:08:55 PM
2026-12-31
$500.00
7/3/2026, 11:08:55 PM
2027-01-15
$500.00
7/3/2026, 11:08:55 PM
2027-03-31
$520.00
7/3/2026, 11:08:55 PM
2027-06-17
$510.00
7/3/2026, 11:08:55 PM
Selected expiration: 2026-07-10 at max pain $519.00.
DIA pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
355
0
152874500
152874500
360
0
147699500
147699500
390
0
116649500
116649500
400
0
106300500
106300500
405
0
101126500
101126500
410
3000
95952500
95955500
415
6000
90779000
90785000
420
9000
85606000
85615000
425
12000
80436500
80448500
430
17000
75279000
75296000
435
25000
70132000
70157000
440
33500
65000000
65033500
445
42000
59875500
59917500
450
50500
54775500
54826000
455
59000
49694500
49753500
460
67500
44623000
44690500
465
126500
39575000
39701500
470
186500
34554000
34740500
471
198500
33556400
33754900
472
210700
32560700
32771400
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.