This page reflects GPN 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 — GPN
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $70.00 (8.63 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$4.78
±6.1%
Days to Expiry
15
Calendar days
Total Call OI
11,298
Nearest expiry
Total Put OI
7,091
Nearest expiry
P/C OI Ratio
0.63
Put-heavy
Spot Price
$78.63
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
$70.00
5/15/2026, 11:16:39 PM
2026-06-18
$70.00
6/18/2026, 11:16:08 PM
2026-07-17NextUpdated
$70.00
7/3/2026, 11:12:26 PM
2026-08-21
$70.00
7/3/2026, 11:12:26 PM
2026-09-18
$75.00
7/3/2026, 11:12:26 PM
2026-10-16
$65.00
7/3/2026, 11:12:26 PM
2026-11-20
$70.00
7/3/2026, 11:12:26 PM
2026-12-18
$75.00
7/3/2026, 11:12:26 PM
2027-01-15
$85.00
7/3/2026, 11:12:26 PM
2027-03-19
$70.00
7/3/2026, 11:12:26 PM
Selected expiration: 2026-07-17 at max pain $70.00.
GPN pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
17240250
17240250
40
0
13694750
13694750
45
0
10154750
10154750
47.5
0
8386500
8386500
50
0
6619000
6619000
55
1000
4454000
4455000
60
2000
2506000
2508000
62.5
2750
1661750
1664500
65
7250
1004250
1011500
67.5
34500
570000
604500
70
90500
256000
346500
72.5
339250
156500
495750
75
909750
93500
1003250
77.5
1806500
67000
1873500
80
2926000
45000
2971000
85
5599500
24000
5623500
90
8802000
4500
8806500
95
13654000
0
13654000
100
18820500
0
18820500
105
24420500
0
24420500
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.