This page reflects EMBJ 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 — EMBJ
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $60.00 (4.11 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$3.95
±6.2%
Days to Expiry
15
Calendar days
Total Call OI
4,818
Nearest expiry
Total Put OI
3,866
Nearest expiry
P/C OI Ratio
0.80
Put-heavy
Spot Price
$64.11
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
$60.00
5/15/2026, 11:14:34 PM
2026-06-18
$60.00
6/18/2026, 11:12:01 PM
2026-07-17NextUpdated
$60.00
7/3/2026, 11:12:55 PM
2026-08-21
$60.00
7/3/2026, 11:12:55 PM
2026-10-16
$60.00
7/3/2026, 11:12:55 PM
2026-11-20
$60.00
7/3/2026, 11:12:55 PM
2027-01-15
$40.00
7/3/2026, 11:12:55 PM
Selected expiration: 2026-07-17 at max pain $60.00.
EMBJ pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
9153500
9153500
40
0
7220500
7220500
45
0
5292500
5292500
50
0
3385500
3385500
55
0
1552500
1552500
60
12000
401000
413000
65
291000
173500
464500
70
1231500
54500
1286000
75
2994000
4500
2998500
80
4859000
3000
4862000
85
6799000
1500
6800500
90
8770500
0
8770500
95
11033500
0
11033500
100
13311500
0
13311500
105
15590000
0
15590000
120
22428500
0
22428500
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.