Indivior Pharmaceuticals, Inc.Close $39.80EOD only
Max Pain
$31.00
Next expiry Jul 17, 2026
Expected Move
±$3.77
9.5% from close
Price Gap
-8.80
Distance to max pain
IV Rank
24
Low premium
P/C OI
0.18
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects INDV 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 — INDV
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $31.00 (8.80 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$31.00
Nearest expiry
Expected Move
±$3.77
±9.5%
Days to Expiry
15
Calendar days
Total Call OI
320
Nearest expiry
Total Put OI
188
Nearest expiry
P/C OI Ratio
0.59
Put-heavy
Spot Price
$39.80
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
$25.00
5/15/2026, 11:18:38 PM
2026-06-18
$35.00
6/18/2026, 11:16:24 PM
2026-07-17NextUpdated
$31.00
7/3/2026, 11:18:14 PM
2026-08-21
$35.00
7/3/2026, 11:18:14 PM
2026-11-20
$33.00
7/3/2026, 11:18:14 PM
2026-12-18
$35.00
7/3/2026, 11:18:14 PM
2027-01-15
$40.00
7/3/2026, 11:18:14 PM
Selected expiration: 2026-07-17 at max pain $31.00.
INDV pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
26
0
153500
153500
28
200
115900
116100
29
400
97100
97500
30
700
78300
79000
31
1200
59700
60900
32
10700
50200
60900
33
20400
41300
61700
34
30200
33100
63300
35
40800
25700
66500
37
62600
13100
75700
38
74100
7000
81100
39
87700
4600
92300
40
101400
2200
103600
41
116800
0
116800
42
132700
0
132700
43
159500
0
159500
45
215900
0
215900
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.