This page reflects DINO 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 — DINO
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $65.00 (7.50 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$65.00
Nearest expiry
Expected Move
±$4.43
±6.1%
Days to Expiry
15
Calendar days
Total Call OI
7,890
Nearest expiry
Total Put OI
2,212
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$72.50
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
$70.00
5/15/2026, 11:13:55 PM
2026-06-18
$65.00
6/18/2026, 11:13:56 PM
2026-07-17NextUpdated
$65.00
7/3/2026, 11:08:19 PM
2026-08-21
$67.50
7/3/2026, 11:08:19 PM
2026-09-18
$67.50
7/3/2026, 11:08:19 PM
2026-12-18
$62.50
7/3/2026, 11:08:19 PM
2027-01-15
$60.00
7/3/2026, 11:08:19 PM
Selected expiration: 2026-07-17 at max pain $65.00.
DINO pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
3283250
3283250
55
2000
2179750
2181750
60
4000
1096250
1100250
62.5
126750
640500
767250
65
250000
344750
594750
67.5
455000
143750
598750
70
755000
60500
815500
72.5
1343500
20500
1364000
75
2582000
6250
2588250
77.5
4471250
250
4471500
80
6415250
0
6415250
85
10343750
0
10343750
90
14278250
0
14278250
100
22165250
0
22165250
105
26109750
0
26109750
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.