This page reflects FTAI 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 — FTAI
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $270.00 (21.94 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$270.00
Nearest expiry
Expected Move
±$20.65
±8.3%
Days to Expiry
8
Calendar days
Total Call OI
187
Nearest expiry
Total Put OI
253
Nearest expiry
P/C OI Ratio
1.35
Put-heavy
Spot Price
$248.06
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
$250.00
6/26/2026, 11:13:48 PM
2026-07-02
$260.00
7/2/2026, 11:14:49 PM
2026-07-10NextUpdated
$270.00
7/3/2026, 11:14:21 PM
2026-07-17
$250.00
7/3/2026, 11:14:21 PM
2026-07-24
$240.00
7/3/2026, 11:14:21 PM
2026-07-31
$275.00
7/3/2026, 11:14:21 PM
2026-08-07
$250.00
7/3/2026, 11:14:21 PM
2026-08-21
$250.00
7/3/2026, 11:14:21 PM
2026-09-18
$230.00
7/3/2026, 11:14:21 PM
2026-11-20
$240.00
7/3/2026, 11:14:21 PM
2026-12-18
$230.00
7/3/2026, 11:14:21 PM
2027-01-15
$190.00
7/3/2026, 11:14:21 PM
2027-03-19
$230.00
7/3/2026, 11:14:21 PM
Selected expiration: 2026-07-10 at max pain $270.00.
FTAI pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
160
0
2132750
2132750
195
0
1250750
1250750
200
0
1126250
1126250
205
500
1001750
1002250
210
1000
879250
880250
215
1500
758750
760250
225
2500
520750
523250
230
3500
406750
410250
235
5000
331250
336250
240
6500
256750
263250
245
11500
184750
196250
250
17000
116250
133250
260
29000
58250
87250
265
38500
29250
67750
267.5
44000
16000
60000
270
49750
2750
52500
275
66250
1750
68000
277.5
76000
1250
77250
280
86250
1000
87250
282.5
99500
750
100250
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.