thetaOwl

IBP

Installed Building Products, InClose $228.26EOD only
Max Pain
$200.00
Next expiry Jul 17, 2026
Expected Move
±$7.50
3.3% from close
Price Gap
-28.26
Distance to max pain
IV Rank
5
Low premium
P/C OI
1.48
Slightly put-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-07-17 shows max pain at $200.00 (28.26 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$200.00
Nearest expiry
Expected Move
±$7.50
±3.3%
Days to Expiry
15
Calendar days
Total Call OI
136
Nearest expiry
Total Put OI
62
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$228.26
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$310.005/15/2026, 11:18:16 PM
2026-06-18$220.006/18/2026, 11:18:01 PM
2026-07-17NextUpdated$200.007/3/2026, 11:15:12 PM
2026-08-21$190.007/3/2026, 11:15:12 PM
2026-09-18$290.007/3/2026, 11:15:12 PM
2026-12-18$240.007/3/2026, 11:15:12 PM
Selected expiration: 2026-07-17 at max pain $200.00.
IBP pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
1550167500167500
1600138000138000
1650115500115500
17009700097000
17535007950083000
18070006300070000
185105004800058500
190150003400049000
195195002100040500
200240001000034000
21034000600040000
22062000200064000
2301550001000156000
2402590000259000
2503740000374000
2604930000493000
2706180000618000
3009960000996000
310112400001124000
320125300001253000
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.