This page reflects KR 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 — KR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $57.00 (1.22 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$57.00
Nearest expiry
Expected Move
±$1.82
±3.1%
Days to Expiry
8
Calendar days
Total Call OI
2,564
Nearest expiry
Total Put OI
1,513
Nearest expiry
P/C OI Ratio
0.59
Put-heavy
Spot Price
$58.22
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
$57.00
6/26/2026, 11:18:53 PM
2026-07-02
$57.00
7/2/2026, 11:20:13 PM
2026-07-10NextUpdated
$57.00
7/3/2026, 11:17:08 PM
2026-07-17
$60.00
7/3/2026, 11:17:08 PM
2026-07-24
$60.00
7/3/2026, 11:17:08 PM
2026-07-31
$60.00
7/3/2026, 11:17:08 PM
2026-08-07
$56.00
7/3/2026, 11:17:08 PM
2026-08-21
$57.50
7/3/2026, 11:17:08 PM
2026-09-18
$62.50
7/3/2026, 11:17:08 PM
2026-10-16
$62.50
7/3/2026, 11:17:08 PM
2026-12-18
$62.50
7/3/2026, 11:17:08 PM
2027-01-15
$62.50
7/3/2026, 11:17:08 PM
2027-03-19
$57.50
7/3/2026, 11:17:08 PM
2027-06-17
$67.50
7/3/2026, 11:17:08 PM
Selected expiration: 2026-07-10 at max pain $57.00.
KR pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
2523600
2523600
45
0
1768600
1768600
50
0
1014100
1014100
51
0
863800
863800
52
0
716800
716800
53
0
573300
573300
54
0
435100
435100
55
0
313500
313500
56
11200
215800
227000
57
28400
143900
172300
58
84700
89100
173800
59
193100
43300
236400
60
318900
1000
319900
61
478900
400
479300
62
677700
200
677900
63
889500
100
889600
64
1117100
0
1117100
65
1347800
0
1347800
66
1582100
0
1582100
67
1827100
0
1827100
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.