This page reflects ITT 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 — ITT
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $190.00 (3.20 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$190.00
Nearest expiry
Expected Move
±$11.60
±6.2%
Days to Expiry
15
Calendar days
Total Call OI
4,165
Nearest expiry
Total Put OI
5,217
Nearest expiry
P/C OI Ratio
1.25
Put-heavy
Spot Price
$186.80
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
$210.00
5/15/2026, 11:21:48 PM
2026-06-18
$200.00
6/18/2026, 11:18:56 PM
2026-07-17NextUpdated
$190.00
7/3/2026, 11:16:17 PM
2026-08-21
$200.00
7/3/2026, 11:16:17 PM
2026-10-16
$180.00
7/3/2026, 11:16:17 PM
2027-01-15
$145.00
7/3/2026, 11:16:17 PM
Selected expiration: 2026-07-17 at max pain $190.00.
ITT pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
115
0
35360000
35360000
120
0
32752000
32752000
130
0
27537000
27537000
140
0
22323000
22323000
145
1000
19716000
19717000
150
2000
17109500
17111500
160
4000
11896500
11900500
165
5000
9296500
9301500
170
6500
6703000
6709500
175
11500
4111500
4123000
180
18500
2090000
2108500
185
31500
346000
377500
190
62000
213500
275500
195
1311500
108000
1419500
200
2986000
38000
3024000
210
6645000
12000
6657000
220
10632000
1000
10633000
230
14673000
0
14673000
240
18802000
0
18802000
250
22940000
0
22940000
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.