This page reflects LOW 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 — LOW
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $220.00 (7.50 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$220.00
Nearest expiry
Expected Move
±$7.30
±3.2%
Days to Expiry
8
Calendar days
Total Call OI
2,879
Nearest expiry
Total Put OI
2,403
Nearest expiry
P/C OI Ratio
0.83
Put-heavy
Spot Price
$227.50
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
$220.00
6/26/2026, 11:20:24 PM
2026-07-02
$220.00
7/2/2026, 11:20:33 PM
2026-07-10NextUpdated
$220.00
7/3/2026, 11:19:22 PM
2026-07-17
$230.00
7/3/2026, 11:19:22 PM
2026-07-24
$225.00
7/3/2026, 11:19:22 PM
2026-07-31
$215.00
7/3/2026, 11:19:22 PM
2026-08-07
$225.00
7/3/2026, 11:19:22 PM
2026-08-21
$220.00
7/3/2026, 11:19:22 PM
2026-09-18
$240.00
7/3/2026, 11:19:22 PM
2026-10-16
$230.00
7/3/2026, 11:19:22 PM
2026-12-18
$250.00
7/3/2026, 11:19:22 PM
2027-01-15
$240.00
7/3/2026, 11:19:22 PM
2027-03-19
$230.00
7/3/2026, 11:19:22 PM
2027-06-17
$230.00
7/3/2026, 11:19:22 PM
Selected expiration: 2026-07-10 at max pain $220.00.
LOW pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
140
0
17847500
17847500
145
0
16647000
16647000
150
2000
15447000
15449000
155
5000
14248500
14253500
165
11000
11852500
11863500
170
60000
10655000
10715000
175
110000
9458000
9568000
180
160000
8263000
8423000
185
212000
7073000
7285000
190
264000
5883500
6147500
195
327000
4702000
5029000
200
396000
3530500
3926500
205
465500
2391500
2857000
207.5
509750
1834250
2344000
210
554000
1285250
1839250
212.5
601500
784000
1385500
215
649500
288250
937750
217.5
704750
144500
849250
220
787250
22750
810000
222.5
901000
10250
911250
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.