Nearest listed expiration 2026-07-10 shows max pain at $850.00 (121.68 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$850.00
Nearest expiry
Expected Move
±$80.20
±11.0%
Days to Expiry
8
Calendar days
Total Call OI
5,598
Nearest expiry
Total Put OI
6,763
Nearest expiry
P/C OI Ratio
1.21
Put-heavy
Spot Price
$728.32
Published close
Consensus
4.0/10
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
$855.00
6/26/2026, 11:20:11 PM
2026-07-02
$800.00
7/2/2026, 11:21:25 PM
2026-07-10NextUpdated
$850.00
7/3/2026, 11:19:59 PM
2026-07-17
$865.00
7/3/2026, 11:19:59 PM
2026-07-24
$835.00
7/3/2026, 11:19:59 PM
2026-07-31
$850.00
7/3/2026, 11:19:59 PM
2026-08-07
$840.00
7/3/2026, 11:19:59 PM
2026-08-21
$880.00
7/3/2026, 11:19:59 PM
2026-09-18
$740.00
7/3/2026, 11:19:59 PM
2026-10-16
$900.00
7/3/2026, 11:19:59 PM
2026-11-20
$860.00
7/3/2026, 11:19:59 PM
2026-12-18
$810.00
7/3/2026, 11:19:59 PM
2027-01-15
$680.00
7/3/2026, 11:19:59 PM
2027-03-19
$940.00
7/3/2026, 11:19:59 PM
Selected expiration: 2026-07-10 at max pain $850.00.
LITE pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
440
0
192964750
192964750
445
0
189591250
189591250
450
0
186218250
186218250
455
500
182846750
182847250
460
1000
179477250
179478250
465
1500
176109250
176110750
470
2500
172741750
172744250
480
6500
166010750
166017250
485
9000
162647750
162656750
490
12000
159369250
159381250
495
15500
156103750
156119250
500
19000
152839750
152858750
505
23000
149742750
149765750
510
27000
146653250
146680250
515
31500
143571750
143603250
520
37000
140499250
140536250
525
43000
137434750
137477750
530
49500
134384250
134433750
535
56000
131348250
131404250
540
62500
128348250
128410750
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.