What is FCX max pain this week?

FCX max pain for the nearest expiration (2026-07-10) is $64.00. Total call open interest: 28,468. Total put open interest: 8,700.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options FCXMax Pain

FCX

Freeport-McMoRan, Inc.Close $60.97EOD only

Max Pain

$64.00

Next expiry Jul 10, 2026

Expected Move

±$3.73

6.1% from close

Price Gap

+3.03

Distance to max pain

IV Rank

Low premium

P/C OI

0.93

Balanced positioning

Consensus

4/4

Partial coverage

Published snapshot: Jul 2, 2026 close

End-of-day snapshot

This page reflects FCX 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 — FCX

Data as of market close Jul 2, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-07-10 shows max pain at $64.00 (3.03 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$64.00

Nearest expiry

Expected Move

±$3.73

±6.1%

Days to Expiry

Calendar days

Total Call OI

28,468

Nearest expiry

Total Put OI

8,700

Nearest expiry

P/C OI Ratio

0.31

Put-heavy

Spot Price

$60.97

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	$65.00	6/26/2026, 11:13:19 PM
2026-07-02	$63.00	7/2/2026, 11:14:38 PM
2026-07-10NextUpdated	$64.00	7/3/2026, 11:11:20 PM
2026-07-17	$65.00	7/3/2026, 11:11:20 PM
2026-07-24	$65.00	7/3/2026, 11:11:20 PM
2026-07-31	$67.00	7/3/2026, 11:11:20 PM
2026-08-07	$62.00	7/3/2026, 11:11:20 PM
2026-08-21	$65.00	7/3/2026, 11:11:20 PM
2026-09-18	$55.00	7/3/2026, 11:11:20 PM
2026-11-20	$65.00	7/3/2026, 11:11:20 PM
2026-12-18	$60.00	7/3/2026, 11:11:20 PM
2027-01-15	$55.00	7/3/2026, 11:11:20 PM
2027-02-19	$60.00	7/3/2026, 11:11:20 PM
2027-03-19	$65.00	7/3/2026, 11:11:20 PM
2027-06-17	$65.00	7/3/2026, 11:11:20 PM

Selected expiration: 2026-07-10 at max pain $64.00.

FCX pain by strike for 2026-07-10 expiration
Strike	Call Pain	Put Pain	Total Pain
35	0	22850200	22850200
40	4500	18500200	18504700
45	9000	14170700	14179700
50	13500	9854200	9867700
51	14600	9017700	9032300
52	15700	8219100	8234800
53	16800	7449200	7466000
54	19300	6686800	6706100
55	22000	5944900	5966900
56	41500	5224200	5265700
57	61000	4635400	4696400
58	81000	4080700	4161700
59	102500	3544300	3646800
60	126800	3021400	3148200
61	159700	2528700	2688400
62	198200	2063200	2261400
63	299800	1685100	1984900
64	446700	1367700	1814400
65	711200	1104600	1815800
66	1033700	867100	1900800

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.