This page reflects INSM 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 — INSM
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $110.00 (1.60 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$110.00
Nearest expiry
Expected Move
±$11.05
±9.9%
Days to Expiry
15
Calendar days
Total Call OI
6,467
Nearest expiry
Total Put OI
3,790
Nearest expiry
P/C OI Ratio
0.59
Put-heavy
Spot Price
$111.60
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
$130.00
5/15/2026, 11:21:16 PM
2026-06-18
$97.50
6/18/2026, 11:18:02 PM
2026-07-17NextUpdated
$110.00
7/3/2026, 11:15:58 PM
2026-08-21
$105.00
7/3/2026, 11:15:58 PM
2026-11-20
$100.00
7/3/2026, 11:15:58 PM
2027-01-15
$115.00
7/3/2026, 11:15:58 PM
2027-03-19
$97.50
7/3/2026, 11:15:58 PM
Selected expiration: 2026-07-17 at max pain $110.00.
INSM pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
19817500
19817500
60
0
17923500
17923500
70
0
14135500
14135500
75
0
12243000
12243000
80
0
10354500
10354500
85
500
8495000
8495500
87.5
750
7656000
7656750
90
1000
6820750
6821750
92.5
1500
6191500
6193000
95
2000
5566250
5568250
97.5
48000
5021500
5069500
100
95750
4487500
4583250
105
464250
3480500
3944750
110
1309750
2571500
3881250
115
3021750
1894500
4916250
120
4902250
1402500
6304750
125
7073250
977500
8050750
130
9538750
588500
10127250
135
12161750
317500
12479250
140
15038250
203000
15241250
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.