This page reflects EXTR 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 — EXTR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $25.00 (4.80 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$25.00
Nearest expiry
Expected Move
±$3.38
±11.3%
Days to Expiry
15
Calendar days
Total Call OI
1,510
Nearest expiry
Total Put OI
246
Nearest expiry
P/C OI Ratio
0.16
Put-heavy
Spot Price
$29.80
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
$20.00
5/15/2026, 11:15:39 PM
2026-06-18
$21.00
6/18/2026, 11:13:12 PM
2026-07-17NextUpdated
$25.00
7/3/2026, 11:13:03 PM
2026-08-21
$28.00
7/3/2026, 11:13:03 PM
2026-09-18
$16.00
7/3/2026, 11:13:03 PM
2026-11-20
$25.00
7/3/2026, 11:13:03 PM
2026-12-18
$16.00
7/3/2026, 11:13:03 PM
Selected expiration: 2026-07-17 at max pain $25.00.
EXTR pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
19
0
173100
173100
20
100
148600
148700
21
200
124700
124900
22
400
102900
103300
23
1500
81300
82800
24
2600
59900
62500
25
4300
44100
48400
26
98600
33500
132100
27
195200
23300
218500
28
295500
13700
309200
29
399000
6700
405700
30
505200
2900
508100
31
628400
200
628600
32
753400
100
753500
33
881900
0
881900
34
1024800
0
1024800
35
1169100
0
1169100
36
1317200
0
1317200
37
1466800
0
1466800
38
1617700
0
1617700
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.