This page reflects GPOR 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 — GPOR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $160.00 (8.87 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$160.00
Nearest expiry
Expected Move
±$7.65
±4.5%
Days to Expiry
15
Calendar days
Total Call OI
849
Nearest expiry
Total Put OI
215
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$168.87
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
$180.00
5/15/2026, 11:16:40 PM
2026-06-18
$165.00
6/18/2026, 11:15:31 PM
2026-07-17NextUpdated
$160.00
7/3/2026, 11:13:39 PM
2026-08-21
$160.00
7/3/2026, 11:13:39 PM
2026-10-16
$195.00
7/3/2026, 11:13:39 PM
2026-12-18
$195.00
7/3/2026, 11:13:39 PM
2027-01-15
$165.00
7/3/2026, 11:13:39 PM
Selected expiration: 2026-07-17 at max pain $160.00.
GPOR pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
120
0
1188000
1188000
135
0
867000
867000
140
0
760500
760500
145
1000
654000
655000
150
2000
550500
552500
155
4000
461000
465000
160
6000
386500
392500
165
108000
314500
422500
170
408500
254000
662500
175
726500
200000
926500
180
1047000
150000
1197000
185
1368000
100000
1468000
190
1690000
50000
1740000
195
2015500
0
2015500
200
2345000
0
2345000
210
3027000
0
3027000
220
3728000
0
3728000
230
4477000
0
4477000
240
5230000
0
5230000
250
6069000
0
6069000
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.