thetaOwl

DKNG

DraftKings Inc.Close $25.89EOD only
Max Pain
$25.00
Next expiry Jul 10, 2026
Expected Move
±$1.43
5.5% from close
Price Gap
-0.89
Distance to max pain
IV Rank
17
Low premium
P/C OI
0.38
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-07-10 shows max pain at $25.00 (0.89 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$25.00
Nearest expiry
Expected Move
±$1.43
±5.5%
Days to Expiry
8
Calendar days
Total Call OI
13,038
Nearest expiry
Total Put OI
5,308
Nearest expiry
P/C OI Ratio
0.41
Put-heavy
Spot Price
$25.89
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$25.506/26/2026, 11:12:10 PM
2026-07-02$25.507/2/2026, 11:11:16 PM
2026-07-10NextUpdated$25.007/3/2026, 11:09:32 PM
2026-07-17$25.007/3/2026, 11:09:32 PM
2026-07-24$25.007/3/2026, 11:09:32 PM
2026-07-31$23.007/3/2026, 11:09:32 PM
2026-08-07$23.007/3/2026, 11:09:32 PM
2026-08-21$25.007/3/2026, 11:09:32 PM
2026-09-18$27.507/3/2026, 11:09:32 PM
2026-11-20$25.007/3/2026, 11:09:32 PM
2026-12-18$30.007/3/2026, 11:09:32 PM
2027-01-15$28.007/3/2026, 11:09:32 PM
2027-02-19$25.007/3/2026, 11:09:32 PM
2027-03-19$17.507/3/2026, 11:09:32 PM
2027-06-17$25.007/3/2026, 11:09:32 PM
Selected expiration: 2026-07-10 at max pain $25.00.
DKNG pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
15047458504745850
19026230502623050
20020926502092650
20.525018286501828900
2155015647501565300
21.5250013015001304000
22840010492001057600
22.516950839550856500
2330350681400711750
23.544400533200577600
2469000400550469550
24.5108350306700415050
25162100218150380250
25.5250500154250404750
26436300118400554700
26.571035085000795350
271036550520501088600
27.51439000268001465800
28188420039001888100
28.523882008002389000
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.