This page reflects JNJ 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 — JNJ
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $242.50 (20.54 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$242.50
Nearest expiry
Expected Move
±$3.45
±1.3%
Days to Expiry
8
Calendar days
Total Call OI
6,299
Nearest expiry
Total Put OI
6,344
Nearest expiry
P/C OI Ratio
1.01
Put-heavy
Spot Price
$263.04
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$232.50
6/26/2026, 11:16:57 PM
2026-07-02
$245.00
7/2/2026, 11:19:34 PM
2026-07-10NextUpdated
$242.50
7/3/2026, 11:16:08 PM
2026-07-17
$232.50
7/3/2026, 11:16:08 PM
2026-07-24
$235.00
7/3/2026, 11:16:08 PM
2026-07-31
$235.00
7/3/2026, 11:16:08 PM
2026-08-07
$240.00
7/3/2026, 11:16:08 PM
2026-08-21
$230.00
7/3/2026, 11:16:08 PM
2026-09-18
$230.00
7/3/2026, 11:16:08 PM
2026-10-16
$210.00
7/3/2026, 11:16:08 PM
2026-12-18
$200.00
7/3/2026, 11:16:08 PM
2027-01-15
$200.00
7/3/2026, 11:16:08 PM
2027-03-19
$220.00
7/3/2026, 11:16:08 PM
2027-06-17
$230.00
7/3/2026, 11:16:08 PM
Selected expiration: 2026-07-10 at max pain $242.50.
JNJ pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
130
0
62500000
62500000
135
500
59328000
59328500
180
9500
30780000
30789500
185
36500
27840000
27876500
190
63500
24901500
24965000
195
90500
21967500
22058000
200
118000
19083500
19201500
205
150500
16248500
16399000
210
183000
13420000
13603000
215
219000
10738500
10957500
220
256500
8608000
8864500
222.5
281250
7632500
7913750
225
306000
6658500
6964500
227.5
360250
5849250
6209500
230
414750
5041000
5455750
232.5
487250
4317500
4804750
235
561000
3601250
4162250
237.5
772250
2917000
3689250
240
993500
2237500
3231000
242.5
1560000
1648000
3208000
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.