Innovative Industrial PropertieClose $63.36EOD only
Max Pain
$65.00
Next expiry Jul 17, 2026
Expected Move
±$3.00
4.7% from close
Price Gap
+1.64
Distance to max pain
IV Rank
1
Low premium
P/C OI
1.29
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects IIPR 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 — IIPR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $65.00 (1.64 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$65.00
Nearest expiry
Expected Move
±$3.00
±4.7%
Days to Expiry
15
Calendar days
Total Call OI
1,398
Nearest expiry
Total Put OI
2,856
Nearest expiry
P/C OI Ratio
2.04
Put-heavy
Spot Price
$63.36
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
$55.00
5/15/2026, 11:19:26 PM
2026-06-18
$55.00
6/18/2026, 11:17:32 PM
2026-07-17NextUpdated
$65.00
7/3/2026, 11:15:54 PM
2026-08-21
$60.00
7/3/2026, 11:15:54 PM
2026-10-16
$55.00
7/3/2026, 11:15:54 PM
2026-12-18
$55.00
7/3/2026, 11:15:54 PM
2027-01-15
$60.00
7/3/2026, 11:15:54 PM
2027-06-17
$55.00
7/3/2026, 11:15:54 PM
Selected expiration: 2026-07-17 at max pain $65.00.
IIPR pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
7021500
7021500
30
0
5596500
5596500
35
0
4184000
4184000
40
500
2884500
2885000
45
1000
1603500
1604500
50
2000
818500
820500
55
9000
222500
231500
60
17000
76000
93000
65
47500
6000
53500
70
568500
1500
570000
75
1239500
0
1239500
80
1932500
0
1932500
85
2626500
0
2626500
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.