This page reflects FTNT 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 — FTNT
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $148.00 (8.25 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$148.00
Nearest expiry
Expected Move
±$8.95
±5.7%
Days to Expiry
8
Calendar days
Total Call OI
2,637
Nearest expiry
Total Put OI
1,849
Nearest expiry
P/C OI Ratio
0.70
Put-heavy
Spot Price
$156.25
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
$143.00
6/26/2026, 11:13:21 PM
2026-07-02
$148.00
7/2/2026, 11:14:44 PM
2026-07-10NextUpdated
$148.00
7/3/2026, 11:15:03 PM
2026-07-17
$120.00
7/3/2026, 11:15:03 PM
2026-07-24
$147.00
7/3/2026, 11:15:03 PM
2026-07-31
$149.00
7/3/2026, 11:15:03 PM
2026-08-07
$150.00
7/3/2026, 11:15:03 PM
2026-08-21
$145.00
7/3/2026, 11:15:03 PM
2026-09-18
$100.00
7/3/2026, 11:15:03 PM
2026-12-18
$90.00
7/3/2026, 11:15:03 PM
2027-01-15
$92.50
7/3/2026, 11:15:03 PM
2027-03-19
$160.00
7/3/2026, 11:15:03 PM
Selected expiration: 2026-07-10 at max pain $148.00.
FTNT pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
95
0
8592900
8592900
100
5500
7668400
7673900
105
11500
6743900
6755400
110
31000
5821900
5852900
114
54600
5084700
5139300
115
60500
4905000
4965500
116
68500
4726200
4794700
117
78500
4551000
4629500
118
90700
4375800
4466500
119
104900
4202200
4307100
120
123100
4030900
4154000
121
145500
3860000
4005500
122
167900
3689200
3857100
125
241100
3177700
3418800
126
265500
3007300
3272800
127
289900
2837100
3127000
128
320300
2667600
2987900
129
350700
2498800
2849500
130
381100
2331500
2712600
131
411500
2172500
2584000
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.