thetaOwl

GLW

Corning IncorporatedClose $196.79EOD only
Max Pain
$230.00
Next expiry Jul 10, 2026
Expected Move
±$21.40
10.9% from close
Price Gap
+33.21
Distance to max pain
IV Rank
66
High premium
P/C OI
0.91
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects GLW 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 — GLW
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $230.00 (33.21 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$230.00
Nearest expiry
Expected Move
±$21.40
±10.9%
Days to Expiry
8
Calendar days
Total Call OI
12,473
Nearest expiry
Total Put OI
20,407
Nearest expiry
P/C OI Ratio
1.64
Put-heavy
Spot Price
$196.79
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$200.006/26/2026, 11:13:54 PM
2026-07-02$225.007/2/2026, 11:16:01 PM
2026-07-10NextUpdated$230.007/3/2026, 11:13:28 PM
2026-07-17$195.007/3/2026, 11:13:28 PM
2026-07-24$200.007/3/2026, 11:13:28 PM
2026-07-31$220.007/3/2026, 11:13:28 PM
2026-08-07$220.007/3/2026, 11:13:28 PM
2026-08-21$160.007/3/2026, 11:13:28 PM
2026-09-18$150.007/3/2026, 11:13:28 PM
2026-11-20$180.007/3/2026, 11:13:28 PM
2026-12-18$150.007/3/2026, 11:13:28 PM
2027-01-15$100.007/3/2026, 11:13:28 PM
2027-02-19$200.007/3/2026, 11:13:28 PM
2027-03-19$160.007/3/2026, 11:13:28 PM
2027-06-17$195.007/3/2026, 11:13:28 PM
Selected expiration: 2026-07-10 at max pain $230.00.
GLW pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
1000199754350199754350
1050189553350189553350
110500179453850179454350
1151000169365850169366850
1202000159289850159291850
1256000149229350149235350
13010500139190850139201350
13515000129206350129221350
13925800121299150121324950
14028500119322850119351350
14131400117361150117392550
14337200113437950113475150
14440100111476450111516550
14543000109515050109558050
14852000103684550103736550
14955000101741250101796250
150580009979825099856250
152.5677509515225095220000
155785009051975090598250
157.51110008603775086148750
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.