This page reflects DPRO options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 6, 2026 close
Max Pain — DPRO
Data as of market close Jul 6, 2026
Nearest listed expiration 2026-07-17 shows max pain at $6.00 (0.88 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$6.00
Nearest expiry
Expected Move
±$0.65
±12.7%
Days to Expiry
11
Calendar days
Total Call OI
18,361
Nearest expiry
Total Put OI
3,422
Nearest expiry
P/C OI Ratio
0.19
Put-heavy
Spot Price
$5.12
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
$5.00
5/15/2026, 11:12:02 PM
2026-06-18
$6.00
6/18/2026, 11:13:57 PM
2026-07-17NextUpdated
$6.00
7/6/2026, 11:12:18 PM
2026-08-21
$6.00
7/6/2026, 11:12:18 PM
2026-10-16
$6.00
7/6/2026, 11:12:18 PM
2027-01-15
$5.00
7/6/2026, 11:12:18 PM
Selected expiration: 2026-07-17 at max pain $6.00.
DPRO pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
1677750
1677750
2.5
150
1164600
1164750
4
51000
669900
720900
5
91400
378000
469400
6
226300
209700
436000
7.5
765250
63000
828250
9
2431600
28200
2459800
10
3616200
8000
3624200
11
5255800
5500
5261300
12.5
7729000
3250
7732250
15
11937750
250
11938000
17.5
16444750
0
16444750
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.