thetaOwl

ISRG

Intuitive Surgical, Inc.Close $426.01EOD only
Max Pain
$405.00
Next expiry Jul 10, 2026
Expected Move
±$14.90
3.5% from close
Price Gap
-21.01
Distance to max pain
IV Rank
30
Middle-high premium
P/C OI
0.88
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects ISRG 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 — ISRG
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $405.00 (21.01 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$405.00
Nearest expiry
Expected Move
±$14.90
±3.5%
Days to Expiry
8
Calendar days
Total Call OI
1,178
Nearest expiry
Total Put OI
1,285
Nearest expiry
P/C OI Ratio
1.09
Put-heavy
Spot Price
$426.01
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$405.006/26/2026, 11:16:25 PM
2026-07-02$400.007/2/2026, 11:16:48 PM
2026-07-10NextUpdated$405.007/3/2026, 11:16:37 PM
2026-07-17$425.007/3/2026, 11:16:37 PM
2026-07-24$410.007/3/2026, 11:16:37 PM
2026-07-31$400.007/3/2026, 11:16:37 PM
2026-08-07$425.007/3/2026, 11:16:37 PM
2026-08-21$420.007/3/2026, 11:16:37 PM
2026-09-18$455.007/3/2026, 11:16:37 PM
2026-10-16$440.007/3/2026, 11:16:37 PM
2026-11-20$460.007/3/2026, 11:16:37 PM
2026-12-18$470.007/3/2026, 11:16:37 PM
2027-01-15$490.007/3/2026, 11:16:37 PM
2027-03-19$500.007/3/2026, 11:16:37 PM
2027-06-17$430.007/3/2026, 11:16:37 PM
Selected expiration: 2026-07-10 at max pain $405.00.
ISRG pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
30001001550010015500
330062535006253500
340050185005018500
345044285004428500
350039660003966000
355035115003511500
36050030575003058000
365100026115002612500
370150021725002174000
375200017570001759000
377.5225015657501568000
380275013745001377250
382.5750012037501211250
3851450010330001047500
387.522000880000902000
39029500729000758500
392.537000595750632750
39544500472500517000
397.552500354250406750
40068500237500306000
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.