Nearest listed expiration 2026-07-10 shows max pain at $1035.00 (14.00 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$1035.00
Nearest expiry
Expected Move
±$37.20
±3.6%
Days to Expiry
8
Calendar days
Total Call OI
6,891
Nearest expiry
Total Put OI
8,035
Nearest expiry
P/C OI Ratio
1.17
Put-heavy
Spot Price
$1021.00
Published close
Consensus
4.0/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$1055.00
6/26/2026, 11:17:14 PM
2026-07-02
$1025.00
7/2/2026, 11:17:37 PM
2026-07-10NextUpdated
$1035.00
7/3/2026, 11:14:57 PM
2026-07-17
$960.00
7/3/2026, 11:14:57 PM
2026-07-24
$1045.00
7/3/2026, 11:14:57 PM
2026-07-31
$1040.00
7/3/2026, 11:14:57 PM
2026-08-07
$1035.00
7/3/2026, 11:14:57 PM
2026-08-21
$920.00
7/3/2026, 11:14:57 PM
2026-09-18
$920.00
7/3/2026, 11:14:57 PM
2026-10-16
$965.00
7/3/2026, 11:14:57 PM
2026-11-20
$935.00
7/3/2026, 11:14:57 PM
2026-12-18
$800.00
7/3/2026, 11:14:57 PM
2027-01-15
$850.00
7/3/2026, 11:14:57 PM
2027-03-19
$980.00
7/3/2026, 11:14:57 PM
2027-06-17
$805.00
7/3/2026, 11:14:57 PM
Selected expiration: 2026-07-10 at max pain $1035.00.
GS pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
540
0
323536500
323536500
700
16000
194976500
194992500
710
17000
186971500
186988500
715
17500
182969500
182987000
720
18000
178968000
178986000
725
18500
174967000
174985500
730
19000
170968500
170987500
740
20000
162991500
163011500
750
21000
155020500
155041500
755
21500
151062000
151083500
760
22000
147107000
147129000
765
22500
143159000
143181500
770
23000
139231500
139254500
775
23500
135333500
135357000
780
24000
131448500
131472500
785
24500
127651000
127675500
790
25000
123866000
123891000
795
26000
120082500
120108500
800
27000
116334500
116361500
805
28000
112672500
112700500
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.