Nearest listed expiration 2026-07-10 shows max pain at $33.50 (1.59 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$33.50
Nearest expiry
Expected Move
±$0.94
±3.0%
Days to Expiry
8
Calendar days
Total Call OI
2,365
Nearest expiry
Total Put OI
10,970
Nearest expiry
P/C OI Ratio
4.64
Put-heavy
Spot Price
$31.91
Published close
Consensus
7.5/10
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
2026-06-30
$36.00
6/30/2026, 11:17:32 PM
2026-07-02
$32.00
7/2/2026, 11:15:04 PM
2026-07-10NextUpdated
$33.50
7/3/2026, 11:12:27 PM
2026-07-17
$35.00
7/3/2026, 11:12:27 PM
2026-07-24
$33.00
7/3/2026, 11:12:27 PM
2026-07-31
$33.50
7/3/2026, 11:12:27 PM
2026-08-07
$29.50
7/3/2026, 11:12:27 PM
2026-08-21
$36.00
7/3/2026, 11:12:27 PM
2026-09-18
$36.00
7/3/2026, 11:12:27 PM
2026-09-30
$36.00
7/3/2026, 11:12:27 PM
2026-10-16
$34.00
7/3/2026, 11:12:27 PM
2026-11-20
$36.00
7/3/2026, 11:12:27 PM
2026-12-18
$36.00
7/3/2026, 11:12:27 PM
2026-12-31
$35.00
7/3/2026, 11:12:27 PM
2027-01-15
$34.00
7/3/2026, 11:12:27 PM
2027-02-19
$36.00
7/3/2026, 11:12:27 PM
2027-03-19
$32.00
7/3/2026, 11:12:27 PM
2027-03-31
$34.00
7/3/2026, 11:12:27 PM
2027-04-16
$33.00
7/3/2026, 11:12:27 PM
2027-05-21
$35.00
7/3/2026, 11:12:27 PM
2027-06-17
$34.00
7/3/2026, 11:12:27 PM
Selected expiration: 2026-07-10 at max pain $33.50.
FXI pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
29.5
0
3929300
3929300
30
0
3380950
3380950
30.5
250
2832850
2833100
31
550
2287950
2288500
31.5
850
1756800
1757650
32
1700
1256700
1258400
32.5
13600
792300
805900
33
48400
335150
383550
33.5
100750
3500
104250
34
154100
900
155000
34.5
237800
450
238250
35
323100
0
323100
35.5
431100
0
431100
36
546300
0
546300
36.5
662400
0
662400
37
779200
0
779200
37.5
896350
0
896350
38
1014200
0
1014200
39
1250100
0
1250100
40
1486200
0
1486200
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.