This page reflects ETSY 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 — ETSY
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $73.00 (3.97 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$73.00
Nearest expiry
Expected Move
±$4.49
±5.8%
Days to Expiry
8
Calendar days
Total Call OI
1,537
Nearest expiry
Total Put OI
1,411
Nearest expiry
P/C OI Ratio
0.92
Put-heavy
Spot Price
$76.97
Published close
Consensus
-
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
2026-06-26
$71.00
6/26/2026, 11:13:30 PM
2026-07-02
$73.00
7/2/2026, 11:14:17 PM
2026-07-10NextUpdated
$73.00
7/3/2026, 11:13:37 PM
2026-07-17
$72.50
7/3/2026, 11:13:37 PM
2026-07-24
$63.00
7/3/2026, 11:13:37 PM
2026-07-31
$65.00
7/3/2026, 11:13:37 PM
2026-08-07
$45.00
7/3/2026, 11:13:37 PM
2026-08-21
$70.00
7/3/2026, 11:13:37 PM
2026-09-18
$55.00
7/3/2026, 11:13:37 PM
2026-10-16
$65.00
7/3/2026, 11:13:37 PM
2026-12-18
$40.00
7/3/2026, 11:13:37 PM
2027-01-15
$50.00
7/3/2026, 11:13:37 PM
2027-03-19
$60.00
7/3/2026, 11:13:37 PM
Selected expiration: 2026-07-10 at max pain $73.00.
ETSY pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
3704000
3704000
45
500
2998500
2999000
50
2000
2293000
2295000
52
2800
2053200
2056000
54
3600
1813600
1817200
55
4400
1706000
1710400
57
6000
1491400
1497400
58
6900
1384300
1391200
59
7800
1277500
1285300
60
8700
1172500
1181200
61
12400
1068100
1080500
62
16200
968300
984500
63
20300
871500
891800
64
24600
778800
803400
65
29400
688700
718100
66
34400
599100
633500
67
44400
510700
555100
68
59400
440100
499500
69
76400
371600
448000
70
93500
303100
396600
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.