This page reflects MAR 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 — MAR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $390.00 (17.05 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$390.00
Nearest expiry
Expected Move
±$5.80
±1.6%
Days to Expiry
8
Calendar days
Total Call OI
254
Nearest expiry
Total Put OI
296
Nearest expiry
P/C OI Ratio
1.17
Put-heavy
Spot Price
$372.95
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
$385.00
6/26/2026, 11:20:34 PM
2026-07-02
$380.00
7/2/2026, 11:21:15 PM
2026-07-10NextUpdated
$390.00
7/3/2026, 11:18:12 PM
2026-07-17
$370.00
7/3/2026, 11:18:12 PM
2026-07-24
$380.00
7/3/2026, 11:18:12 PM
2026-07-31
$370.00
7/3/2026, 11:18:12 PM
2026-08-21
$370.00
7/3/2026, 11:18:12 PM
2026-09-18
$330.00
7/3/2026, 11:18:12 PM
2026-10-16
$360.00
7/3/2026, 11:18:12 PM
2026-12-18
$300.00
7/3/2026, 11:18:12 PM
2027-01-15
$310.00
7/3/2026, 11:18:12 PM
2027-03-19
$330.00
7/3/2026, 11:18:12 PM
2027-06-17
$380.00
7/3/2026, 11:18:12 PM
Selected expiration: 2026-07-10 at max pain $390.00.
MAR pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
280
0
2415500
2415500
285
500
2267500
2268000
295
1500
2021500
2023000
330
8500
1160500
1169000
335
9500
1040500
1050000
340
10500
921500
932000
345
11500
807500
819000
350
12500
694000
706500
355
13500
583000
596500
360
14500
481500
496000
365
15500
388000
403500
367.5
16000
343500
359500
370
16500
300250
316750
375
17500
219750
237250
377.5
18000
180500
198500
380
18500
147500
166000
385
22000
83000
105000
387.5
25500
52250
77750
390
29500
21500
51000
395
45000
15500
60500
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.