This page reflects IBRX 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 — IBRX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $7.00 (2.44 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.00
Nearest expiry
Expected Move
±$0.85
±9.0%
Days to Expiry
8
Calendar days
Total Call OI
5,793
Nearest expiry
Total Put OI
1,509
Nearest expiry
P/C OI Ratio
0.26
Put-heavy
Spot Price
$9.44
Published close
Consensus
-
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
$7.50
6/26/2026, 11:16:10 PM
2026-07-02
$7.50
7/2/2026, 11:18:29 PM
2026-07-10NextUpdated
$7.00
7/3/2026, 11:15:12 PM
2026-07-17
$7.50
7/3/2026, 11:15:12 PM
2026-07-24
$8.00
7/3/2026, 11:15:12 PM
2026-07-31
$8.00
7/3/2026, 11:15:12 PM
2026-08-07
$7.00
7/3/2026, 11:15:12 PM
2026-08-21
$4.00
7/3/2026, 11:15:12 PM
2026-10-16
$7.00
7/3/2026, 11:15:12 PM
2026-11-20
$7.00
7/3/2026, 11:15:12 PM
2027-01-15
$5.00
7/3/2026, 11:15:12 PM
2027-03-19
$3.00
7/3/2026, 11:15:12 PM
2027-05-21
$5.00
7/3/2026, 11:15:12 PM
Selected expiration: 2026-07-10 at max pain $7.00.
IBRX pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
1.5
0
942250
942250
2
100
866800
866900
2.5
41100
791350
832450
3
84200
715900
800100
3.5
128600
640450
769050
4
174000
565200
739200
4.5
219700
490100
709800
5
265450
415050
680500
5.5
311450
340000
651450
6
357450
264950
622400
6.5
405850
192300
598150
7
454400
121650
576050
7.5
512800
75500
588300
8
595950
43500
639450
8.5
703750
19300
723050
9
851550
1700
853250
9.5
1090150
1000
1091150
10
1359250
600
1359850
10.5
1647300
400
1647700
11.5
2226400
100
2226500
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.