This page reflects ILMN 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 — ILMN
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $160.00 (28.68 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$160.00
Nearest expiry
Expected Move
±$6.00
±3.2%
Days to Expiry
15
Calendar days
Total Call OI
2,075
Nearest expiry
Total Put OI
697
Nearest expiry
P/C OI Ratio
0.34
Put-heavy
Spot Price
$188.68
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
$135.00
5/15/2026, 11:16:59 PM
2026-06-18
$130.00
6/18/2026, 11:18:00 PM
2026-07-17NextUpdated
$160.00
7/3/2026, 11:15:27 PM
2026-08-21
$170.00
7/3/2026, 11:15:27 PM
2026-09-18
$140.00
7/3/2026, 11:15:27 PM
2026-12-18
$125.00
7/3/2026, 11:15:27 PM
2027-01-15
$110.00
7/3/2026, 11:15:27 PM
2027-06-17
$160.00
7/3/2026, 11:15:27 PM
Selected expiration: 2026-07-17 at max pain $160.00.
ILMN pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
95
0
4245500
4245500
110
10500
3200000
3210500
115
14000
2852000
2866000
120
19000
2509500
2528500
125
27500
2172500
2200000
130
41500
1844000
1885500
135
59000
1525500
1584500
140
86000
1222000
1308000
145
120000
957500
1077500
150
160500
709500
870000
155
251000
529500
780500
160
357000
371000
728000
165
503500
249000
752500
170
717000
150000
867000
175
990500
71000
1061500
180
1386500
11000
1397500
185
1901000
0
1901000
190
2722000
0
2722000
195
3620500
0
3620500
200
4542500
0
4542500
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.