This page reflects GEN 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 — GEN
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $20.00 (6.67 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$20.00
Nearest expiry
Expected Move
±$1.70
±6.4%
Days to Expiry
15
Calendar days
Total Call OI
11,203
Nearest expiry
Total Put OI
4,013
Nearest expiry
P/C OI Ratio
0.36
Put-heavy
Spot Price
$26.67
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
$20.00
5/15/2026, 11:15:41 PM
2026-06-18
$22.00
6/18/2026, 11:15:18 PM
2026-07-17NextUpdated
$20.00
7/3/2026, 11:12:36 PM
2026-08-21
$25.00
7/3/2026, 11:12:36 PM
2026-10-16
$24.00
7/3/2026, 11:12:36 PM
2026-12-18
$21.00
7/3/2026, 11:12:36 PM
2027-01-15
$23.00
7/3/2026, 11:12:36 PM
Selected expiration: 2026-07-17 at max pain $20.00.
GEN pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
13
0
3604600
3604600
14
0
3203800
3203800
15
200
2803200
2803400
16
500
2402600
2403100
17
800
2002200
2003000
18
1200
1602500
1603700
19
2000
1205400
1207400
20
6200
889500
895700
21
290200
675200
965400
22
580000
464500
1044500
23
891800
258600
1150400
24
1230900
114700
1345600
25
1669600
36000
1705600
26
2557200
14400
2571600
27
3473500
3600
3477100
28
4432300
2100
4434400
29
5444400
800
5445200
30
6539500
0
6539500
31
7646000
0
7646000
32
8760100
0
8760100
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.