This page reflects KOPN options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 6, 2026 close
Max Pain — KOPN
Data as of market close Jul 6, 2026
Nearest listed expiration 2026-07-10 shows max pain at $4.00 (0.13 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$4.00
Nearest expiry
Expected Move
±$0.33
±7.9%
Days to Expiry
4
Calendar days
Total Call OI
1,539
Nearest expiry
Total Put OI
756
Nearest expiry
P/C OI Ratio
0.49
Put-heavy
Spot Price
$4.13
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
$0.50
6/26/2026, 11:18:32 PM
2026-07-02
$4.00
7/2/2026, 11:19:54 PM
2026-07-10NextUpdated
$4.00
7/6/2026, 11:23:41 PM
2026-07-17
$3.00
7/6/2026, 11:23:41 PM
2026-07-24
$1.00
7/6/2026, 11:23:41 PM
2026-07-31
$0.50
7/6/2026, 11:23:41 PM
2026-08-07
$0.50
7/6/2026, 11:23:41 PM
2026-08-21
$4.50
7/6/2026, 11:23:41 PM
2026-10-16
$3.00
7/6/2026, 11:23:41 PM
2027-01-15
$3.00
7/6/2026, 11:23:41 PM
2027-03-19
$3.00
7/6/2026, 11:23:41 PM
Selected expiration: 2026-07-10 at max pain $4.00.
KOPN pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
230300
230300
1
900
193450
194350
1.5
5650
157450
163100
2
13950
123150
137100
2.5
23650
90250
113900
3
34850
61700
96550
3.5
46050
34900
80950
4
58450
8700
67150
4.5
80650
2750
83400
5
116650
650
117300
5.5
168750
50
168800
6
238450
0
238450
6.5
310200
0
310200
7
385800
0
385800
8
538500
0
538500
9
692200
0
692200
9.5
769100
0
769100
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.