This page reflects GEO 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 — GEO
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $22.00 (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
$22.00
Nearest expiry
Expected Move
±$2.45
±8.1%
Days to Expiry
15
Calendar days
Total Call OI
73,688
Nearest expiry
Total Put OI
3,516
Nearest expiry
P/C OI Ratio
0.05
Put-heavy
Spot Price
$30.25
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
$18.00
5/15/2026, 11:17:08 PM
2026-06-18
$17.00
6/18/2026, 11:14:19 PM
2026-07-17NextUpdated
$22.00
7/3/2026, 11:15:39 PM
2026-08-21
$22.00
7/3/2026, 11:15:39 PM
2026-09-18
$16.00
7/3/2026, 11:15:39 PM
2026-11-20
$20.00
7/3/2026, 11:15:39 PM
2026-12-18
$19.00
7/3/2026, 11:15:39 PM
2027-01-15
$15.00
7/3/2026, 11:15:39 PM
Selected expiration: 2026-07-17 at max pain $22.00.
GEO pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
7410600
7410600
4
0
7059000
7059000
6
0
6356000
6356000
7
100
6004600
6004700
8
200
5653200
5653400
9
300
5301800
5302100
10
400
4950400
4950800
12
1000
4247600
4248600
13
1600
3965300
3966900
14
2700
3684100
3686800
15
4300
3410300
3414600
16
6800
3137000
3143800
17
11600
2864000
2875600
18
20000
2591500
2611500
19
71600
2322400
2394000
20
203000
2059000
2262000
21
390700
1796700
2187400
22
583000
1559000
2142000
23
816900
1346700
2163600
24
1124300
1154700
2279000
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.