What is JPM max pain this week?

JPM max pain for the nearest expiration (2026-07-10) is $330.00. Total call open interest: 10,574. Total put open interest: 9,989.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options JPMMax Pain

JPM

JP Morgan Chase & Co.Close $334.47EOD only

Max Pain

$330.00

Next expiry Jul 10, 2026

Expected Move

±$8.36

2.5% from close

Price Gap

-4.47

Distance to max pain

IV Rank

Low premium

P/C OI

1.04

Balanced positioning

Consensus

4/4

Partial coverage

Published snapshot: Jul 2, 2026 close

End-of-day snapshot

This page reflects JPM 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 — JPM

Data as of market close Jul 2, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-07-10 shows max pain at $330.00 (4.47 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$330.00

Nearest expiry

Expected Move

±$8.36

±2.5%

Days to Expiry

Calendar days

Total Call OI

10,574

Nearest expiry

Total Put OI

9,989

Nearest expiry

P/C OI Ratio

0.94

Put-heavy

Spot Price

$334.47

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	$327.50	6/26/2026, 11:17:35 PM
2026-07-02	$327.50	7/2/2026, 11:18:06 PM
2026-07-10NextUpdated	$330.00	7/3/2026, 11:16:12 PM
2026-07-17	$315.00	7/3/2026, 11:16:12 PM
2026-07-24	$325.00	7/3/2026, 11:16:12 PM
2026-07-31	$330.00	7/3/2026, 11:16:12 PM
2026-08-07	$330.00	7/3/2026, 11:16:12 PM
2026-08-21	$310.00	7/3/2026, 11:16:12 PM
2026-09-18	$310.00	7/3/2026, 11:16:12 PM
2026-10-16	$315.00	7/3/2026, 11:16:12 PM
2026-11-20	$310.00	7/3/2026, 11:16:12 PM
2026-12-18	$300.00	7/3/2026, 11:16:12 PM
2027-01-15	$290.00	7/3/2026, 11:16:12 PM
2027-03-19	$310.00	7/3/2026, 11:16:12 PM
2027-06-17	$315.00	7/3/2026, 11:16:12 PM

Selected expiration: 2026-07-10 at max pain $330.00.

JPM pain by strike for 2026-07-10 expiration
Strike	Call Pain	Put Pain	Total Pain
170	0	140062250	140062250
175	0	135068750	135068750
200	0	110113750	110113750
215	0	95146750	95146750
220	0	90158750	90158750
230	0	80184750	80184750
235	0	75203250	75203250
245	1000	65265250	65266250
250	1500	60297750	60299250
255	2500	55395750	55398250
260	3500	50652750	50656250
265	4500	45959750	45964250
270	5500	41301750	41307250
275	6500	36699750	36706250
280	8000	32206750	32214750
285	11500	27827750	27839250
290	25500	23581750	23607250
295	46500	19499250	19545750
300	75500	15676250	15751750
302.5	97250	13907250	14004500

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.