This page reflects MC 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 — MC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $60.00 (8.55 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$8.40
±12.3%
Days to Expiry
15
Calendar days
Total Call OI
2,212
Nearest expiry
Total Put OI
834
Nearest expiry
P/C OI Ratio
0.38
Put-heavy
Spot Price
$68.55
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
$65.00
5/15/2026, 11:21:25 PM
2026-06-18
$65.00
6/18/2026, 11:19:43 PM
2026-07-17NextUpdated
$60.00
7/3/2026, 11:20:44 PM
2026-08-21
$60.00
7/3/2026, 11:20:44 PM
2026-10-16
$55.00
7/3/2026, 11:20:44 PM
2026-11-20
$55.00
7/3/2026, 11:20:44 PM
2027-01-15
$50.00
7/3/2026, 11:20:44 PM
Selected expiration: 2026-07-17 at max pain $60.00.
MC pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
1283500
1283500
45
0
873000
873000
50
0
462500
462500
55
10000
55500
65500
60
24500
36500
61000
65
64500
26500
91000
70
505000
20500
525500
75
971500
15000
986500
80
1835500
10000
1845500
85
2729000
5000
2734000
90
3833000
0
3833000
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.