This page reflects KHC 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 — KHC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $23.00 (2.37 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$23.00
Nearest expiry
Expected Move
±$0.87
±3.4%
Days to Expiry
8
Calendar days
Total Call OI
40,260
Nearest expiry
Total Put OI
2,013
Nearest expiry
P/C OI Ratio
0.05
Put-heavy
Spot Price
$25.37
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
$23.00
6/26/2026, 11:17:00 PM
2026-07-02
$23.00
7/2/2026, 11:19:36 PM
2026-07-10NextUpdated
$23.00
7/3/2026, 11:16:11 PM
2026-07-17
$22.50
7/3/2026, 11:16:11 PM
2026-07-24
$23.00
7/3/2026, 11:16:11 PM
2026-07-31
$23.00
7/3/2026, 11:16:11 PM
2026-08-07
$23.50
7/3/2026, 11:16:11 PM
2026-08-21
$25.00
7/3/2026, 11:16:11 PM
2026-09-18
$25.00
7/3/2026, 11:16:11 PM
2026-10-16
$22.50
7/3/2026, 11:16:11 PM
2026-12-18
$25.00
7/3/2026, 11:16:11 PM
2027-01-15
$25.00
7/3/2026, 11:16:11 PM
2027-03-19
$25.00
7/3/2026, 11:16:11 PM
2027-06-17
$22.50
7/3/2026, 11:16:11 PM
Selected expiration: 2026-07-10 at max pain $23.00.
KHC pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
15
0
1603050
1603050
17
600
1200850
1201450
17.5
750
1100650
1101400
18
900
1000500
1001400
18.5
1100
900350
901450
19
1300
800300
801600
19.5
1500
700600
702100
20
1700
601250
602950
20.5
1900
503700
505600
21
2100
406450
408550
21.5
2350
311450
313800
22
2700
226500
229200
22.5
3950
150600
154550
23
10700
80350
91050
23.5
93950
42550
136500
24
198850
17400
216250
24.5
376900
1900
378800
25
610100
900
611000
25.5
882700
550
883250
26
2044550
300
2044850
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.