thetaOwl

KO

Coca-Cola Company (The)Close $84.14EOD only
Max Pain
$80.00
Next expiry Jul 10, 2026
Expected Move
±$1.81
2.2% from close
Price Gap
-4.14
Distance to max pain
IV Rank
11
Low premium
P/C OI
0.79
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects KO 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 — KO
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $80.00 (4.14 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$1.81
±2.2%
Days to Expiry
8
Calendar days
Total Call OI
19,807
Nearest expiry
Total Put OI
4,903
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$84.14
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$80.006/26/2026, 11:19:22 PM
2026-07-02$81.007/2/2026, 11:17:50 PM
2026-07-10NextUpdated$80.007/3/2026, 11:17:08 PM
2026-07-17$80.007/3/2026, 11:17:08 PM
2026-07-24$80.007/3/2026, 11:17:08 PM
2026-07-31$80.007/3/2026, 11:17:08 PM
2026-08-07$80.007/3/2026, 11:17:08 PM
2026-08-21$77.507/3/2026, 11:17:08 PM
2026-09-18$75.007/3/2026, 11:17:08 PM
2026-10-16$77.507/3/2026, 11:17:08 PM
2026-11-20$77.507/3/2026, 11:17:08 PM
2026-12-18$70.007/3/2026, 11:17:08 PM
2027-01-15$70.007/3/2026, 11:17:08 PM
2027-02-19$75.007/3/2026, 11:17:08 PM
2027-03-19$70.007/3/2026, 11:17:08 PM
2027-06-17$80.007/3/2026, 11:17:08 PM
Selected expiration: 2026-07-10 at max pain $80.00.
KO pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
4501619730016197300
654200063933006435300
674620054131005459300
695040044331004483500
705250039432003995700
715470034646003519300
725690029926003049500
735940025408002600200
746190020930002154900
756440016486001713000
766830012185001286800
7773000859000932000
7878000568800646800
7994300356400450700
80117100201800318900
8125060091900342500
8257880016100594900
83149110046001495700
84303550015003037000
8547021001004702200
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.