This page reflects FLUT 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 — FLUT
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $100.00 (6.03 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$7.65
±7.2%
Days to Expiry
15
Calendar days
Total Call OI
4,714
Nearest expiry
Total Put OI
3,781
Nearest expiry
P/C OI Ratio
0.80
Put-heavy
Spot Price
$106.03
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
$105.00
5/15/2026, 11:15:33 PM
2026-06-18
$100.00
6/18/2026, 11:16:50 PM
2026-07-17NextUpdated
$100.00
7/3/2026, 11:11:55 PM
2026-08-21
$90.00
7/3/2026, 11:11:55 PM
2026-09-18
$110.00
7/3/2026, 11:11:55 PM
2026-12-18
$100.00
7/3/2026, 11:11:55 PM
2027-01-15
$120.00
7/3/2026, 11:11:55 PM
2027-06-17
$90.00
7/3/2026, 11:11:55 PM
Selected expiration: 2026-07-17 at max pain $100.00.
FLUT pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
14278000
14278000
60
2000
12388000
12390000
65
5000
10498000
10503000
70
8500
8608000
8616500
75
12000
6719500
6731500
80
15500
4971000
4986500
85
21000
3244000
3265000
90
27000
1547500
1574500
95
99000
924000
1023000
100
322000
472500
794500
105
613000
209000
822000
110
1201000
70000
1271000
115
2362000
6000
2368000
120
3607000
0
3607000
125
5048000
0
5048000
130
6651000
0
6651000
135
8840500
0
8840500
140
11167500
0
11167500
145
13519000
0
13519000
150
15873000
0
15873000
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.