This page reflects EC 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 — EC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $14.00 (0.70 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$14.00
Nearest expiry
Expected Move
±$1.18
±8.0%
Days to Expiry
15
Calendar days
Total Call OI
43,657
Nearest expiry
Total Put OI
10,091
Nearest expiry
P/C OI Ratio
0.23
Put-heavy
Spot Price
$14.70
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
$14.00
5/15/2026, 11:12:26 PM
2026-06-18
$14.00
6/18/2026, 11:14:44 PM
2026-07-17NextUpdated
$14.00
7/3/2026, 11:11:07 PM
2026-08-21
$13.00
7/3/2026, 11:11:07 PM
2026-11-20
$15.00
7/3/2026, 11:11:07 PM
2027-02-19
$25.00
7/3/2026, 11:11:07 PM
Selected expiration: 2026-07-17 at max pain $14.00.
EC pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
9306400
9306400
6
0
8297300
8297300
7
100
7288200
7288300
10
700
4260900
4261600
12
11100
2242700
2253800
13
16300
1236200
1252500
14
27800
466100
493900
15
290000
220400
510400
16
862300
108700
971000
17
2077600
78200
2155800
18
4320000
49000
4369000
19
7617600
19800
7637400
20
11527500
100
11527600
21
15732500
0
15732500
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.