This page reflects DYN 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 — DYN
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $20.00 (3.07 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$20.00
Nearest expiry
Expected Move
±$7.20
±31.2%
Days to Expiry
15
Calendar days
Total Call OI
500
Nearest expiry
Total Put OI
211
Nearest expiry
P/C OI Ratio
0.42
Put-heavy
Spot Price
$23.07
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
$19.00
5/15/2026, 11:13:33 PM
2026-06-18
$17.50
6/18/2026, 11:12:27 PM
2026-07-17NextUpdated
$20.00
7/3/2026, 11:10:09 PM
2026-09-18
$18.00
7/3/2026, 11:10:09 PM
2026-10-16
$17.50
7/3/2026, 11:10:09 PM
2026-12-18
$20.00
7/3/2026, 11:10:09 PM
2027-01-15
$15.00
7/3/2026, 11:10:09 PM
2027-03-19
$15.00
7/3/2026, 11:10:09 PM
Selected expiration: 2026-07-17 at max pain $20.00.
DYN pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
313100
313100
10
0
170600
170600
12.5
3000
123100
126100
14
5250
94600
99850
15
6750
76400
83150
16
8750
60100
68850
17.5
12050
43900
55950
19
17000
31600
48600
20
21300
23900
45200
21
29700
19200
48900
22.5
56550
12300
68850
24
86100
10200
96300
25
106100
8800
114900
26
129100
7400
136500
27
152500
6100
158600
28
175900
4800
180700
29
199400
3700
203100
30
223100
2700
225800
31
247100
1900
249000
32
271200
1300
272500
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.