This page reflects GRPN 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 — GRPN
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $15.00 (10.58 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$15.00
Nearest expiry
Expected Move
±$4.10
±16.0%
Days to Expiry
15
Calendar days
Total Call OI
38,175
Nearest expiry
Total Put OI
9,693
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$25.58
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
$14.00
5/15/2026, 11:18:03 PM
2026-06-18
$18.00
6/18/2026, 11:19:47 PM
2026-07-17NextUpdated
$15.00
7/3/2026, 11:13:37 PM
2026-08-21
$18.00
7/3/2026, 11:13:37 PM
2026-09-18
$19.00
7/3/2026, 11:13:37 PM
2026-10-16
$14.00
7/3/2026, 11:13:37 PM
2027-01-15
$17.00
7/3/2026, 11:13:37 PM
Selected expiration: 2026-07-17 at max pain $15.00.
GRPN pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
12708900
12708900
2
300
11740100
11740400
3
900
10771300
10772200
4
2500
9887400
9889900
5
6300
9004400
9010700
6
11300
8200300
8211600
7
16600
7413100
7429700
8
22100
6626300
6648400
9
30100
5845300
5875400
10
38900
5130500
5169400
11
60200
4429100
4489300
12
87500
3735000
3822500
13
230100
3056500
3286600
14
588600
2411300
2999900
15
988300
1801700
2790000
16
1541800
1337200
2879000
17
2159400
958900
3118300
18
3041300
682500
3723800
19
4114800
457100
4571900
20
5387700
315600
5703300
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.