This page reflects FN 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 — FN
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $590.00 (90.39 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$590.00
Nearest expiry
Expected Move
±$70.35
±14.1%
Days to Expiry
15
Calendar days
Total Call OI
2,875
Nearest expiry
Total Put OI
4,686
Nearest expiry
P/C OI Ratio
1.63
Put-heavy
Spot Price
$499.61
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
$670.00
5/15/2026, 11:09:35 PM
2026-06-18
$630.00
6/18/2026, 11:14:19 PM
2026-07-17NextUpdated
$590.00
7/3/2026, 11:12:17 PM
2026-08-21
$570.00
7/3/2026, 11:12:17 PM
2026-10-16
$600.00
7/3/2026, 11:12:17 PM
2026-11-20
$550.00
7/3/2026, 11:12:17 PM
2026-12-18
$720.00
7/3/2026, 11:12:17 PM
2027-01-15
$600.00
7/3/2026, 11:12:17 PM
Selected expiration: 2026-07-17 at max pain $590.00.
FN pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
195
0
141262500
141262500
200
500
138929000
138929500
210
3500
134281000
134284500
220
6500
129649000
129655500
230
9500
125023000
125032500
240
17500
120400000
120417500
250
27500
115777000
115804500
260
37500
111155000
111192500
270
47500
106533000
106580500
280
57500
101912000
101969500
290
78500
97371000
97449500
300
99500
92877000
92976500
310
120500
88445000
88565500
320
143500
84166000
84309500
330
167500
79924000
80091500
340
191500
75697000
75888500
350
215500
71536000
71751500
360
240500
67532000
67772500
370
269500
63539000
63808500
380
302500
59607000
59909500
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.