Innovative Solutions and SupporClose $18.39EOD only
Max Pain
$15.00
Next expiry Jul 17, 2026
Expected Move
±$2.47
13.5% from close
Price Gap
-3.39
Distance to max pain
IV Rank
22
Low premium
P/C OI
0.48
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects ISSC 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 — ISSC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $15.00 (3.39 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$15.00
Nearest expiry
Expected Move
±$2.47
±13.5%
Days to Expiry
15
Calendar days
Total Call OI
2,702
Nearest expiry
Total Put OI
1,566
Nearest expiry
P/C OI Ratio
0.58
Put-heavy
Spot Price
$18.39
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
$20.00
5/15/2026, 11:22:09 PM
2026-06-18
$17.50
6/18/2026, 11:18:20 PM
2026-07-17NextUpdated
$15.00
7/3/2026, 11:15:47 PM
2026-08-21
$17.50
7/3/2026, 11:15:47 PM
2026-10-16
$20.00
7/3/2026, 11:15:47 PM
2027-01-15
$12.50
7/3/2026, 11:15:47 PM
Selected expiration: 2026-07-17 at max pain $15.00.
ISSC pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
1595750
1595750
5
750
1204250
1205000
7.5
1500
856750
858250
10
3000
548250
551250
12.5
17000
248750
265750
15
46750
105000
151750
17.5
94250
58000
152250
20
213500
25500
239000
22.5
512250
8000
520250
25
845750
1000
846750
30
1800250
0
1800250
35
2898750
0
2898750
40
4055250
0
4055250
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.