This page reflects GILD 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 — GILD
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $127.00 (4.27 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$127.00
Nearest expiry
Expected Move
±$3.99
±3.0%
Days to Expiry
8
Calendar days
Total Call OI
2,172
Nearest expiry
Total Put OI
1,196
Nearest expiry
P/C OI Ratio
0.55
Put-heavy
Spot Price
$131.27
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
$125.00
6/26/2026, 11:14:33 PM
2026-07-02
$126.00
7/2/2026, 11:15:31 PM
2026-07-10NextUpdated
$127.00
7/3/2026, 11:13:29 PM
2026-07-17
$125.00
7/3/2026, 11:13:29 PM
2026-07-24
$125.00
7/3/2026, 11:13:29 PM
2026-07-31
$127.00
7/3/2026, 11:13:29 PM
2026-08-07
$120.00
7/3/2026, 11:13:29 PM
2026-08-21
$125.00
7/3/2026, 11:13:29 PM
2026-09-18
$130.00
7/3/2026, 11:13:29 PM
2026-11-20
$125.00
7/3/2026, 11:13:29 PM
2026-12-18
$130.00
7/3/2026, 11:13:29 PM
2027-01-15
$105.00
7/3/2026, 11:13:29 PM
2027-02-19
$125.00
7/3/2026, 11:13:29 PM
2027-03-19
$130.00
7/3/2026, 11:13:29 PM
2027-06-17
$97.50
7/3/2026, 11:13:29 PM
Selected expiration: 2026-07-10 at max pain $127.00.
GILD pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
105
0
2282100
2282100
110
0
1685100
1685100
111
0
1569700
1569700
112
0
1454400
1454400
114
0
1225800
1225800
115
0
1111800
1111800
117
1400
895800
897200
118
2200
787900
790100
119
3000
680200
683200
120
3800
573100
576900
121
5200
471700
476900
122
6800
376500
383300
123
9200
283000
292200
124
12200
195600
207800
125
24200
144100
168300
126
48500
99300
147800
127
81400
64800
146200
128
122600
33000
155600
129
169700
23000
192700
130
244100
13300
257400
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.