This page reflects LEVI 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 — LEVI
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $22.00 (2.41 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$22.00
Nearest expiry
Expected Move
±$2.35
±9.6%
Days to Expiry
15
Calendar days
Total Call OI
11,820
Nearest expiry
Total Put OI
10,481
Nearest expiry
P/C OI Ratio
0.89
Put-heavy
Spot Price
$24.41
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$22.00
5/15/2026, 11:20:47 PM
2026-06-18
$22.00
6/18/2026, 11:20:28 PM
2026-07-17NextUpdated
$22.00
7/3/2026, 11:17:48 PM
2026-08-21
$25.00
7/3/2026, 11:17:48 PM
2026-10-16
$21.00
7/3/2026, 11:17:48 PM
2027-01-15
$22.00
7/3/2026, 11:17:48 PM
Selected expiration: 2026-07-17 at max pain $22.00.
LEVI pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
10
0
11203800
11203800
12
400
9109200
9109600
13
800
8065700
8066500
14
1200
7031500
7032700
15
1600
6018100
6019700
16
2600
5034600
5037200
17
5700
4080100
4085800
18
13100
3162100
3175200
19
24300
2275200
2299500
20
54500
1476100
1530600
21
112300
950600
1062900
22
485100
532900
1018000
23
1104400
264700
1369100
24
1804200
29400
1833600
25
2731300
400
2731700
26
3728300
200
3728500
27
4851700
0
4851700
28
6017600
0
6017600
29
7194500
0
7194500
30
8374600
0
8374600
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.