Gaming and Leisure Properties, Close $43.95EOD only
Max Pain
$47.50
Next expiry Jul 17, 2026
Expected Move
±$1.73
3.9% from close
Price Gap
+3.55
Distance to max pain
IV Rank
70
High premium
P/C OI
0.58
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects GLPI 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 — GLPI
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $47.50 (3.55 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$47.50
Nearest expiry
Expected Move
±$1.73
±3.9%
Days to Expiry
15
Calendar days
Total Call OI
6,294
Nearest expiry
Total Put OI
5,511
Nearest expiry
P/C OI Ratio
0.88
Put-heavy
Spot Price
$43.95
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
$47.50
5/15/2026, 11:14:06 PM
2026-06-18
$45.00
6/18/2026, 11:15:19 PM
2026-07-17NextUpdated
$47.50
7/3/2026, 11:15:35 PM
2026-08-21
$45.00
7/3/2026, 11:15:35 PM
2026-10-16
$42.50
7/3/2026, 11:15:35 PM
2027-01-15
$47.50
7/3/2026, 11:15:35 PM
Selected expiration: 2026-07-17 at max pain $47.50.
GLPI pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
9952500
9952500
27.5
0
8574750
8574750
30
0
7197000
7197000
32.5
250
5819250
5819500
35
500
4441500
4442000
37.5
750
3064500
3065250
40
1000
1688000
1689000
42.5
1750
394500
396250
45
2500
28000
30500
47.5
18000
0
18000
50
971000
0
971000
52.5
2286250
0
2286250
55
3859750
0
3859750
60
7006750
0
7006750
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.