This page reflects FNV 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 — FNV
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $220.00 (2.42 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$220.00
Nearest expiry
Expected Move
±$12.90
±5.9%
Days to Expiry
15
Calendar days
Total Call OI
3,330
Nearest expiry
Total Put OI
1,866
Nearest expiry
P/C OI Ratio
0.56
Put-heavy
Spot Price
$217.58
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
$230.00
5/15/2026, 11:15:27 PM
2026-06-18
$230.00
6/18/2026, 11:13:45 PM
2026-07-17NextUpdated
$220.00
7/3/2026, 11:12:22 PM
2026-08-21
$220.00
7/3/2026, 11:12:22 PM
2026-10-16
$230.00
7/3/2026, 11:12:22 PM
2027-01-15
$200.00
7/3/2026, 11:12:22 PM
Selected expiration: 2026-07-17 at max pain $220.00.
FNV pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
125
0
15932500
15932500
130
500
14999500
15000000
135
1000
14067500
14068500
140
1500
13137500
13139000
145
3500
12209500
12213000
150
6000
11284000
11290000
155
8500
10358500
10367000
160
11500
9437500
9449000
165
17000
8522500
8539500
170
23000
7612000
7635000
175
31500
6713500
6745000
180
48500
5819000
5867500
185
68500
4929000
4997500
190
93500
4061000
4154500
195
124000
3253000
3377000
200
160500
2613000
2773500
210
306500
1540000
1846500
220
600500
847000
1447500
230
1433500
334000
1767500
240
2579500
153000
2732500
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.