This page reflects GGAL 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 — GGAL
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $50.00 (0.37 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$50.00
Nearest expiry
Expected Move
±$4.08
±8.1%
Days to Expiry
15
Calendar days
Total Call OI
19,523
Nearest expiry
Total Put OI
13,763
Nearest expiry
P/C OI Ratio
0.70
Put-heavy
Spot Price
$50.37
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
$44.00
5/15/2026, 11:16:10 PM
2026-06-18
$47.00
6/18/2026, 11:14:04 PM
2026-07-17NextUpdated
$50.00
7/3/2026, 11:12:43 PM
2026-08-21
$45.00
7/3/2026, 11:12:43 PM
2026-10-16
$55.00
7/3/2026, 11:12:43 PM
2027-01-15
$55.00
7/3/2026, 11:12:43 PM
Selected expiration: 2026-07-17 at max pain $50.00.
GGAL pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
23704200
23704200
30
0
16825200
16825200
35
500
9946700
9947200
39
900
4497100
4498000
40
1000
3762200
3763200
41
9000
3277500
3286500
42
19300
2796100
2815400
43
40000
2324800
2364800
44
68200
1954700
2022900
45
100700
1593200
1693900
46
159700
1331700
1491400
47
220100
1086500
1306600
48
287200
851700
1138900
49
359600
636900
996500
50
461400
425500
886900
55
1542900
46000
1588900
60
5048400
3000
5051400
65
9876400
1500
9877900
70
16269400
0
16269400
75
25531400
0
25531400
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.