Jefferies Financial Group Inc.Close $52.62EOD only
Max Pain
$50.00
Next expiry Jul 17, 2026
Expected Move
±$3.30
6.3% from close
Price Gap
-2.62
Distance to max pain
IV Rank
15
Low premium
P/C OI
1.33
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects JEF 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 — JEF
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $50.00 (2.62 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$50.00
Nearest expiry
Expected Move
±$3.30
±6.3%
Days to Expiry
15
Calendar days
Total Call OI
9,685
Nearest expiry
Total Put OI
9,579
Nearest expiry
P/C OI Ratio
0.99
Put-heavy
Spot Price
$52.62
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
$42.50
5/15/2026, 11:19:18 PM
2026-06-18
$50.00
6/18/2026, 11:19:04 PM
2026-07-17NextUpdated
$50.00
7/3/2026, 11:15:43 PM
2026-08-21
$52.50
7/3/2026, 11:15:43 PM
2026-09-18
$42.50
7/3/2026, 11:15:43 PM
2026-12-18
$55.00
7/3/2026, 11:15:43 PM
2027-01-15
$57.50
7/3/2026, 11:15:43 PM
Selected expiration: 2026-07-17 at max pain $50.00.
JEF pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
21642000
21642000
22.5
0
19259500
19259500
25
0
16877000
16877000
27.5
500
14647000
14647500
30
1000
12455500
12456500
32.5
1500
10484500
10486000
35
6250
8568000
8574250
37.5
21500
6748750
6770250
40
55500
5068500
5124000
42.5
172500
3968000
4140500
45
295250
2955000
3250250
47.5
434000
2047250
2481250
50
754500
1309750
2064250
52.5
1494750
749250
2244000
55
2413750
299250
2713000
57.5
3404250
127250
3531500
60
4425250
11500
4436750
62.5
5616500
5750
5622250
65
6898000
1500
6899500
67.5
8367000
1250
8368250
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.