thetaOwl

GRMN

Garmin Ltd.Close $240.02EOD only
Max Pain
$230.00
Next expiry Jul 17, 2026
Expected Move
±$10.20
4.3% from close
Price Gap
-10.02
Distance to max pain
IV Rank
3
Low premium
P/C OI
0.41
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-07-17 shows max pain at $230.00 (10.02 below 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
±$10.20
±4.3%
Days to Expiry
15
Calendar days
Total Call OI
2,399
Nearest expiry
Total Put OI
1,422
Nearest expiry
P/C OI Ratio
0.59
Put-heavy
Spot Price
$240.02
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$250.005/15/2026, 11:17:39 PM
2026-06-18$230.006/18/2026, 11:15:58 PM
2026-07-17NextUpdated$230.007/3/2026, 11:13:01 PM
2026-08-21$240.007/3/2026, 11:13:01 PM
2026-10-16$250.007/3/2026, 11:13:01 PM
2026-12-18$230.007/3/2026, 11:13:01 PM
2027-01-15$200.007/3/2026, 11:13:01 PM
Selected expiration: 2026-07-17 at max pain $230.00.
GRMN pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
12001366100013661000
13001224000012240000
13501153000011530000
14001082150010821500
155086990008699000
160079920007992000
165072850007285000
170065785006578500
175058720005872000
180051655005165500
185044610004461000
190037570003757000
195100030545003055500
200300023530002356000
21028000955000983000
22053000595000648000
230110000262000372000
24033800085000423000
25092100018000939000
260226700060002273000
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.