This page reflects FRPT 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 — FRPT
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $57.50 (1.12 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$57.50
Nearest expiry
Expected Move
±$4.60
±8.2%
Days to Expiry
15
Calendar days
Total Call OI
2,005
Nearest expiry
Total Put OI
3,032
Nearest expiry
P/C OI Ratio
1.51
Put-heavy
Spot Price
$56.38
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
$55.00
5/15/2026, 11:13:41 PM
2026-06-18
$47.50
6/18/2026, 11:14:12 PM
2026-07-17NextUpdated
$57.50
7/3/2026, 11:12:15 PM
2026-08-21
$55.00
7/3/2026, 11:12:15 PM
2026-09-18
$57.50
7/3/2026, 11:12:15 PM
2026-11-20
$57.50
7/3/2026, 11:12:15 PM
2026-12-18
$55.00
7/3/2026, 11:12:15 PM
2027-01-15
$70.00
7/3/2026, 11:12:15 PM
Selected expiration: 2026-07-17 at max pain $57.50.
FRPT pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
6677750
6677750
37.5
0
5927250
5927250
40
0
5177250
5177250
42.5
0
4429750
4429750
45
750
3687250
3688000
47.5
1500
2951500
2953000
50
2500
2224750
2227250
52.5
9000
1553500
1562500
55
134000
892750
1026750
57.5
319750
263750
583500
60
765500
0
765500
62.5
1251250
0
1251250
65
1738000
0
1738000
70
2736000
0
2736000
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.