This page reflects MCK 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 — MCK
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $750.00 (36.30 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$750.00
Nearest expiry
Expected Move
±$31.50
±4.0%
Days to Expiry
15
Calendar days
Total Call OI
1,233
Nearest expiry
Total Put OI
932
Nearest expiry
P/C OI Ratio
0.76
Put-heavy
Spot Price
$786.30
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
$750.00
5/15/2026, 11:23:48 PM
2026-06-18
$770.00
6/18/2026, 11:20:15 PM
2026-07-17NextUpdated
$750.00
7/3/2026, 11:16:12 PM
2026-08-21
$790.00
7/3/2026, 11:16:12 PM
2026-09-18
$780.00
7/3/2026, 11:16:12 PM
2026-11-20
$780.00
7/3/2026, 11:16:12 PM
2026-12-18
$840.00
7/3/2026, 11:16:12 PM
2027-01-15
$720.00
7/3/2026, 11:16:12 PM
2027-02-19
$690.00
7/3/2026, 11:16:12 PM
2027-03-19
$760.00
7/3/2026, 11:16:12 PM
Selected expiration: 2026-07-17 at max pain $750.00.
MCK pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
500
0
19799000
19799000
590
0
11636000
11636000
600
0
10730000
10730000
620
0
8930000
8930000
630
0
8036000
8036000
640
0
7158000
7158000
650
1000
6296000
6297000
660
2000
5463000
5465000
670
4000
4665000
4669000
680
7000
3888000
3895000
690
11000
3131000
3142000
700
17000
2391000
2408000
710
28000
1896000
1924000
720
54000
1474000
1528000
730
85000
1083000
1168000
740
134000
725000
859000
750
292000
400000
692000
760
462000
260000
722000
770
681000
157000
838000
780
996000
83000
1079000
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.