Nearest listed expiration 2026-07-10 shows max pain at $101.50 (2.87 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$101.50
Nearest expiry
Expected Move
±$3.05
±2.9%
Days to Expiry
8
Calendar days
Total Call OI
1,809
Nearest expiry
Total Put OI
4,565
Nearest expiry
P/C OI Ratio
2.52
Put-heavy
Spot Price
$104.37
Published close
Consensus
6.0/10
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
2026-06-30
$100.00
6/30/2026, 11:09:21 PM
2026-07-02
$102.00
7/2/2026, 11:11:37 PM
2026-07-10NextUpdated
$101.50
7/3/2026, 11:12:46 PM
2026-07-17
$104.00
7/3/2026, 11:12:46 PM
2026-07-24
$103.00
7/3/2026, 11:12:46 PM
2026-07-31
$101.00
7/3/2026, 11:12:46 PM
2026-08-07
$105.00
7/3/2026, 11:12:46 PM
2026-08-21
$103.00
7/3/2026, 11:12:46 PM
2026-08-31
$102.00
7/3/2026, 11:12:46 PM
2026-09-18
$102.00
7/3/2026, 11:12:46 PM
2026-09-30
$100.00
7/3/2026, 11:12:46 PM
2026-12-18
$97.00
7/3/2026, 11:12:46 PM
2026-12-31
$105.00
7/3/2026, 11:12:46 PM
2027-01-15
$95.00
7/3/2026, 11:12:46 PM
2027-03-19
$100.00
7/3/2026, 11:12:46 PM
2027-03-31
$89.00
7/3/2026, 11:12:46 PM
2027-06-17
$105.00
7/3/2026, 11:12:46 PM
Selected expiration: 2026-07-10 at max pain $101.50.
EFA pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
70
0
13286600
13286600
85
0
6443600
6443600
90
50000
4238100
4288100
93
80000
3016500
3096500
94
90000
2618100
2708100
95
100000
2220000
2320000
96
110000
1827100
1937100
97
130000
1434200
1564200
97.5
152700
1237950
1390650
98
175400
1082200
1257600
98.5
202100
928500
1130600
99
228800
776550
1005350
99.5
255500
626650
882150
100
282200
477050
759250
101
335600
229550
565150
101.5
362300
126400
488700
102
389000
104050
493050
102.5
416450
83050
499500
103
444650
62700
507350
103.5
473950
46600
520550
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.