thetaOwl

MA

Mastercard IncorporatedClose $539.39EOD only
Max Pain
$490.00
Next expiry Jul 10, 2026
Expected Move
±$6.65
1.2% from close
Price Gap
-49.39
Distance to max pain
IV Rank
40
Middle-high premium
P/C OI
1.07
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects MA 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 — MA
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $490.00 (49.39 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$490.00
Nearest expiry
Expected Move
±$6.65
±1.2%
Days to Expiry
8
Calendar days
Total Call OI
1,455
Nearest expiry
Total Put OI
1,413
Nearest expiry
P/C OI Ratio
0.97
Put-heavy
Spot Price
$539.39
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$490.006/26/2026, 11:18:42 PM
2026-07-02$500.007/2/2026, 11:21:16 PM
2026-07-10NextUpdated$490.007/3/2026, 11:19:13 PM
2026-07-17$500.007/3/2026, 11:19:13 PM
2026-07-24$470.007/3/2026, 11:19:13 PM
2026-07-31$490.007/3/2026, 11:19:13 PM
2026-08-07$500.007/3/2026, 11:19:13 PM
2026-08-21$500.007/3/2026, 11:19:13 PM
2026-09-18$530.007/3/2026, 11:19:13 PM
2026-10-16$500.007/3/2026, 11:19:13 PM
2026-11-20$495.007/3/2026, 11:19:13 PM
2026-12-18$540.007/3/2026, 11:19:13 PM
2027-01-15$530.007/3/2026, 11:19:13 PM
2027-03-19$500.007/3/2026, 11:19:13 PM
2027-06-17$510.007/3/2026, 11:19:13 PM
Selected expiration: 2026-07-10 at max pain $490.00.
MA pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
30002270300022703000
395093175009317500
405079095007909500
410072060007206000
415065055006505500
420100058180005819000
425350051630005166500
4302150045285004550000
4354100039535003994500
4406150033985003460000
4458550028515002937000
45011300023775002490500
45514350019440002087500
46017450015705001745000
462.519025014115001601750
46520625012527501459000
467.522450011210001345500
4702427509910001233750
472.52617508742501136000
4752807507597501040500
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.