Microchip Technology IncorporatClose $84.64EOD only
Max Pain
$91.00
Next expiry Jul 10, 2026
Expected Move
±$6.30
7.4% from close
Price Gap
+6.36
Distance to max pain
IV Rank
24
Low premium
P/C OI
0.38
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects MCHP 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 — MCHP
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $91.00 (6.36 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$91.00
Nearest expiry
Expected Move
±$6.30
±7.4%
Days to Expiry
8
Calendar days
Total Call OI
9,077
Nearest expiry
Total Put OI
2,603
Nearest expiry
P/C OI Ratio
0.29
Put-heavy
Spot Price
$84.64
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
$96.00
6/26/2026, 11:18:38 PM
2026-07-02
$91.00
7/2/2026, 11:20:13 PM
2026-07-10NextUpdated
$91.00
7/3/2026, 11:18:13 PM
2026-07-17
$80.00
7/3/2026, 11:18:13 PM
2026-07-24
$95.00
7/3/2026, 11:18:13 PM
2026-07-31
$95.00
7/3/2026, 11:18:13 PM
2026-08-07
$80.00
7/3/2026, 11:18:13 PM
2026-08-21
$92.50
7/3/2026, 11:18:13 PM
2026-09-18
$75.00
7/3/2026, 11:18:13 PM
2026-10-16
$90.00
7/3/2026, 11:18:13 PM
2026-12-18
$80.00
7/3/2026, 11:18:13 PM
2027-01-15
$70.00
7/3/2026, 11:18:13 PM
2027-03-19
$77.50
7/3/2026, 11:18:13 PM
2027-06-17
$65.00
7/3/2026, 11:18:13 PM
Selected expiration: 2026-07-10 at max pain $91.00.
MCHP pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
70
0
4456200
4456200
72
200
3940400
3940600
73
300
3683100
3683400
74
400
3427400
3427800
75
500
3173700
3174200
77
700
2668900
2669600
78
800
2416700
2417500
79
900
2165400
2166300
80
1000
1914900
1915900
81
1200
1672800
1674000
82
1400
1435900
1437300
83
1900
1201500
1203400
84
2400
999700
1002100
85
3000
806100
809100
86
3800
643100
646900
87
5200
494700
499900
88
7100
351600
358700
89
10200
236600
246800
90
44200
126300
170500
91
82500
86400
168900
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.