This page reflects EXE 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 — EXE
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $90.00 (0.72 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$90.00
Nearest expiry
Expected Move
±$4.55
±5.0%
Days to Expiry
15
Calendar days
Total Call OI
36,804
Nearest expiry
Total Put OI
29,852
Nearest expiry
P/C OI Ratio
0.81
Put-heavy
Spot Price
$90.72
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
$95.00
5/15/2026, 11:15:41 PM
2026-06-18
$95.00
6/18/2026, 11:13:18 PM
2026-07-17NextUpdated
$90.00
7/3/2026, 11:10:36 PM
2026-08-21
$85.00
7/3/2026, 11:10:36 PM
2026-09-18
$95.00
7/3/2026, 11:10:36 PM
2026-10-16
$100.00
7/3/2026, 11:10:36 PM
2027-01-15
$95.00
7/3/2026, 11:10:36 PM
Selected expiration: 2026-07-17 at max pain $90.00.
EXE pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
80025500
80025500
65
0
65105000
65105000
70
2000
50187500
50189500
75
5500
35310000
35315500
80
10000
20565000
20575000
85
73000
6466500
6539500
90
417000
1447500
1864500
95
2521500
574000
3095500
100
9438000
278000
9716000
105
18205000
139000
18344000
110
30479500
0
30479500
115
43617000
0
43617000
120
57088000
0
57088000
125
74706500
0
74706500
130
92430500
0
92430500
135
110691500
0
110691500
140
129028500
0
129028500
145
147386500
0
147386500
150
165759000
0
165759000
155
184149500
0
184149500
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.