Intercontinental Exchange Inc.Close $132.99EOD only
Max Pain
$130.00
Next expiry Jul 10, 2026
Expected Move
±$4.90
3.7% from close
Price Gap
-2.99
Distance to max pain
IV Rank
45
Middle-high premium
P/C OI
0.56
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects ICE 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 — ICE
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $130.00 (2.99 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$130.00
Nearest expiry
Expected Move
±$4.90
±3.7%
Days to Expiry
8
Calendar days
Total Call OI
543
Nearest expiry
Total Put OI
651
Nearest expiry
P/C OI Ratio
1.20
Put-heavy
Spot Price
$132.99
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
$130.00
6/26/2026, 11:15:18 PM
2026-07-02
$128.00
7/2/2026, 11:17:17 PM
2026-07-10NextUpdated
$130.00
7/3/2026, 11:15:17 PM
2026-07-17
$135.00
7/3/2026, 11:15:17 PM
2026-07-24
$135.00
7/3/2026, 11:15:17 PM
2026-07-31
$130.00
7/3/2026, 11:15:17 PM
2026-08-07
$145.00
7/3/2026, 11:15:17 PM
2026-08-21
$130.00
7/3/2026, 11:15:17 PM
2026-09-18
$140.00
7/3/2026, 11:15:17 PM
2026-12-18
$130.00
7/3/2026, 11:15:17 PM
2027-01-15
$150.00
7/3/2026, 11:15:17 PM
2027-03-19
$150.00
7/3/2026, 11:15:17 PM
2027-06-17
$125.00
7/3/2026, 11:15:17 PM
Selected expiration: 2026-07-10 at max pain $130.00.
ICE pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
110
0
1054200
1054200
115
0
730700
730700
118
0
540200
540200
120
0
413400
413400
122
200
290400
290600
124
600
167600
168200
125
800
114400
115200
126
1500
88700
90200
127
5700
63400
69100
128
10700
38900
49600
129
15700
24600
40300
130
21500
10300
31800
131
29800
8100
37900
134
55000
1800
56800
135
72800
0
72800
137
111400
0
111400
138
130800
0
130800
139
150400
0
150400
140
170000
0
170000
144
261600
0
261600
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.