This page reflects FIG 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 — FIG
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $19.00 (2.34 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$19.00
Nearest expiry
Expected Move
±$2.25
±10.6%
Days to Expiry
8
Calendar days
Total Call OI
11,995
Nearest expiry
Total Put OI
6,003
Nearest expiry
P/C OI Ratio
0.50
Put-heavy
Spot Price
$21.34
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
$18.50
6/26/2026, 11:14:31 PM
2026-07-02
$18.50
7/2/2026, 11:13:11 PM
2026-07-10NextUpdated
$19.00
7/3/2026, 11:11:26 PM
2026-07-17
$20.00
7/3/2026, 11:11:26 PM
2026-07-24
$19.50
7/3/2026, 11:11:26 PM
2026-07-31
$19.00
7/3/2026, 11:11:26 PM
2026-08-07
$17.50
7/3/2026, 11:11:26 PM
2026-08-21
$15.00
7/3/2026, 11:11:26 PM
2026-09-18
$22.50
7/3/2026, 11:11:26 PM
2026-10-16
$20.00
7/3/2026, 11:11:26 PM
2027-01-15
$25.00
7/3/2026, 11:11:26 PM
Selected expiration: 2026-07-10 at max pain $19.00.
FIG pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
11
0
4296350
4296350
12
200
3701350
3701550
12.5
800
3403950
3404750
13
2000
3106550
3108550
14
4400
2512650
2517050
14.5
5600
2218500
2224100
15
6800
1924650
1931450
15.5
9750
1635550
1645300
16
12700
1355500
1368200
16.5
18250
1091800
1110050
17
23800
839100
862900
17.5
32100
634700
666800
18
42150
448750
490900
18.5
67400
298350
365750
19
133200
155700
288900
19.5
233950
118900
352850
20
346650
87300
433950
20.5
565800
67750
633550
21
799800
50250
850050
21.5
1097750
36350
1134100
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.