This page reflects GTX 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 — GTX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $19.00 (12.75 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$19.00
Nearest expiry
Expected Move
±$3.15
±9.9%
Days to Expiry
15
Calendar days
Total Call OI
2,132
Nearest expiry
Total Put OI
108
Nearest expiry
P/C OI Ratio
0.05
Put-heavy
Spot Price
$31.75
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
$19.00
5/15/2026, 11:17:07 PM
2026-06-18
$18.00
6/18/2026, 11:19:53 PM
2026-07-17NextUpdated
$19.00
7/3/2026, 11:14:02 PM
2026-08-21
$24.00
7/3/2026, 11:14:02 PM
2026-09-18
$31.00
7/3/2026, 11:14:02 PM
2026-10-16
$29.00
7/3/2026, 11:14:02 PM
2026-11-20
$12.00
7/3/2026, 11:14:02 PM
2026-12-18
$14.00
7/3/2026, 11:14:02 PM
2027-01-15
$20.00
7/3/2026, 11:14:02 PM
Selected expiration: 2026-07-17 at max pain $19.00.
GTX pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
9
0
150100
150100
10
0
139800
139800
12
0
120000
120000
13
1000
110100
111100
14
2600
100200
102800
15
4600
90300
94900
16
6700
80900
87600
17
8800
71500
80300
18
11500
63700
75200
19
15900
59100
75000
20
21000
55100
76100
21
26900
51100
78000
22
33600
47100
80700
25
54300
35100
89400
26
63200
31200
94400
27
73100
27500
100600
28
83500
23800
107300
29
103400
20200
123600
30
123400
16700
140100
31
146900
13300
160200
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.