This page reflects HTGC 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 — HTGC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $16.00 (0.04 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$16.00
Nearest expiry
Expected Move
±$0.57
±3.6%
Days to Expiry
15
Calendar days
Total Call OI
3,161
Nearest expiry
Total Put OI
7,122
Nearest expiry
P/C OI Ratio
2.25
Put-heavy
Spot Price
$15.96
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
$16.00
5/15/2026, 11:18:54 PM
2026-06-18
$15.00
6/18/2026, 11:16:54 PM
2026-07-17NextUpdated
$16.00
7/3/2026, 11:13:40 PM
2026-08-21
$17.00
7/3/2026, 11:13:40 PM
2026-10-16
$16.00
7/3/2026, 11:13:40 PM
2026-11-20
$17.00
7/3/2026, 11:13:40 PM
2026-12-18
$15.00
7/3/2026, 11:13:40 PM
2027-01-15
$15.00
7/3/2026, 11:13:40 PM
Selected expiration: 2026-07-17 at max pain $16.00.
HTGC pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
9
0
3445200
3445200
10
300
2733000
2733300
11
4800
2027100
2031900
12
9300
1324600
1333900
13
13900
693600
707500
14
18800
345100
363900
15
29800
122600
152400
16
96900
9700
106600
17
249200
5400
254600
18
491700
1900
493600
19
762600
1400
764000
20
1051700
900
1052600
21
1366300
600
1366900
22
1681100
300
1681400
23
1997200
0
1997200
24
2313300
0
2313300
25
2629400
0
2629400
30
4209900
0
4209900
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.