This page reflects KMB 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 — KMB
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $107.00 (7.72 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$107.00
Nearest expiry
Expected Move
±$1.65
±1.4%
Days to Expiry
8
Calendar days
Total Call OI
3,667
Nearest expiry
Total Put OI
1,444
Nearest expiry
P/C OI Ratio
0.39
Put-heavy
Spot Price
$114.72
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
$101.00
6/26/2026, 11:19:35 PM
2026-07-02
$105.00
7/2/2026, 11:18:58 PM
2026-07-10NextUpdated
$107.00
7/3/2026, 11:16:30 PM
2026-07-17
$100.00
7/3/2026, 11:16:30 PM
2026-07-24
$105.00
7/3/2026, 11:16:30 PM
2026-07-31
$100.00
7/3/2026, 11:16:30 PM
2026-08-07
$106.00
7/3/2026, 11:16:30 PM
2026-08-21
$100.00
7/3/2026, 11:16:30 PM
2026-09-18
$100.00
7/3/2026, 11:16:30 PM
2026-10-16
$95.00
7/3/2026, 11:16:30 PM
2026-12-18
$100.00
7/3/2026, 11:16:30 PM
2027-01-15
$100.00
7/3/2026, 11:16:30 PM
2027-03-19
$100.00
7/3/2026, 11:16:30 PM
2027-06-17
$95.00
7/3/2026, 11:16:30 PM
Selected expiration: 2026-07-10 at max pain $107.00.
KMB pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
4575500
4575500
80
0
2414000
2414000
85
0
1695000
1695000
86
1000
1552200
1553200
87
2000
1410000
1412000
88
3000
1267900
1270900
89
4000
1139100
1143100
90
5000
1023900
1028900
91
6000
926000
932000
92
7000
828200
835200
93
8000
761100
769100
94
9000
699700
708700
95
10400
643700
654100
96
12300
588900
601200
97
14300
534500
548800
98
17700
484800
502500
99
22700
435500
458200
100
28800
386800
415600
101
36600
341100
377700
102
45300
296300
341600
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.