This page reflects DOV 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 — DOV
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $220.00 (6.29 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$220.00
Nearest expiry
Expected Move
±$10.10
±4.7%
Days to Expiry
15
Calendar days
Total Call OI
1,215
Nearest expiry
Total Put OI
2,570
Nearest expiry
P/C OI Ratio
2.12
Put-heavy
Spot Price
$213.71
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
$220.00
5/15/2026, 11:13:14 PM
2026-06-18
$200.00
6/18/2026, 11:11:17 PM
2026-07-17NextUpdated
$220.00
7/3/2026, 11:12:02 PM
2026-08-21
$220.00
7/3/2026, 11:12:02 PM
2026-09-18
$210.00
7/3/2026, 11:12:02 PM
2026-11-20
$220.00
7/3/2026, 11:12:02 PM
2026-12-18
$210.00
7/3/2026, 11:12:02 PM
2027-01-15
$190.00
7/3/2026, 11:12:02 PM
Selected expiration: 2026-07-17 at max pain $220.00.
DOV pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
150
0
16853000
16853000
160
0
14287000
14287000
165
0
13004500
13004500
170
0
11722500
11722500
175
0
10442000
10442000
180
0
9166500
9166500
185
0
7896500
7896500
190
0
6628500
6628500
195
2000
5362500
5364500
200
4000
4097000
4101000
210
10000
1569000
1579000
220
45000
3000
48000
230
890000
0
890000
240
1846000
0
1846000
250
2931000
0
2931000
260
4145000
0
4145000
290
7790000
0
7790000
310
10220000
0
10220000
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.