This page reflects DNUT 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 — DNUT
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $3.50 (0.01 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$3.50
Nearest expiry
Expected Move
±$0.25
±7.1%
Days to Expiry
8
Calendar days
Total Call OI
1,628
Nearest expiry
Total Put OI
251
Nearest expiry
P/C OI Ratio
0.15
Put-heavy
Spot Price
$3.51
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
$3.50
6/26/2026, 11:12:18 PM
2026-07-02
$3.00
7/2/2026, 11:11:27 PM
2026-07-10NextUpdated
$3.50
7/3/2026, 11:10:24 PM
2026-07-17
$3.50
7/3/2026, 11:10:24 PM
2026-07-24
$4.00
7/3/2026, 11:10:24 PM
2026-07-31
$1.00
7/3/2026, 11:10:24 PM
2026-08-21
$3.50
7/3/2026, 11:10:24 PM
2026-11-20
$3.50
7/3/2026, 11:10:24 PM
2027-01-15
$4.00
7/3/2026, 11:10:24 PM
2027-03-19
$0.50
7/3/2026, 11:10:24 PM
2027-06-17
$2.00
7/3/2026, 11:10:24 PM
Selected expiration: 2026-07-10 at max pain $3.50.
DNUT pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
75600
75600
1
200
63050
63250
2
3800
38050
41850
3
7600
13250
20850
3.5
12250
4500
16750
4
25850
3100
28950
4.5
105600
2250
107850
5
185550
1550
187100
5.5
266950
1000
267950
6
348350
500
348850
6.5
429750
350
430100
7
511150
200
511350
8
673950
0
673950
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.