This page reflects EWBC 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 — EWBC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $115.00 (14.30 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$115.00
Nearest expiry
Expected Move
±$2.30
±1.8%
Days to Expiry
15
Calendar days
Total Call OI
509
Nearest expiry
Total Put OI
58
Nearest expiry
P/C OI Ratio
0.11
Put-heavy
Spot Price
$129.30
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
$120.00
5/15/2026, 11:15:22 PM
2026-06-18
$130.00
6/18/2026, 11:13:10 PM
2026-07-17NextUpdated
$115.00
7/3/2026, 11:12:28 PM
2026-08-21
$110.00
7/3/2026, 11:12:28 PM
2026-10-16
$120.00
7/3/2026, 11:12:28 PM
2026-11-20
$100.00
7/3/2026, 11:12:28 PM
2027-01-15
$115.00
7/3/2026, 11:12:28 PM
Selected expiration: 2026-07-17 at max pain $115.00.
EWBC pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
327000
327000
60
0
272000
272000
65
0
245500
245500
70
0
220500
220500
75
0
195500
195500
90
0
122000
122000
95
0
99500
99500
100
3000
77500
80500
105
7000
56000
63000
110
11000
34500
45500
115
17500
15000
32500
120
33500
4500
38000
125
127500
0
127500
130
238000
0
238000
135
406500
0
406500
140
653000
0
653000
145
906500
0
906500
155
1414500
0
1414500
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.