This page reflects MDT 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 — MDT
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $80.00 (3.19 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$2.20
±2.6%
Days to Expiry
8
Calendar days
Total Call OI
2,258
Nearest expiry
Total Put OI
2,262
Nearest expiry
P/C OI Ratio
1.00
Put-heavy
Spot Price
$83.19
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
$81.00
6/26/2026, 11:21:49 PM
2026-07-02
$81.00
7/2/2026, 11:21:33 PM
2026-07-10NextUpdated
$80.00
7/3/2026, 11:21:54 PM
2026-07-17
$80.00
7/3/2026, 11:21:54 PM
2026-07-24
$80.00
7/3/2026, 11:21:54 PM
2026-07-31
$80.00
7/3/2026, 11:21:54 PM
2026-08-07
$77.00
7/3/2026, 11:21:54 PM
2026-08-21
$80.00
7/3/2026, 11:21:54 PM
2026-09-18
$75.00
7/3/2026, 11:21:54 PM
2026-11-20
$77.50
7/3/2026, 11:21:54 PM
2026-12-18
$80.00
7/3/2026, 11:21:54 PM
2027-01-15
$87.50
7/3/2026, 11:21:54 PM
2027-02-19
$82.50
7/3/2026, 11:21:54 PM
2027-03-19
$82.50
7/3/2026, 11:21:54 PM
2027-06-17
$80.00
7/3/2026, 11:21:54 PM
Selected expiration: 2026-07-10 at max pain $80.00.
MDT pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
5089900
5089900
65
0
2827900
2827900
67
0
2376100
2376100
68
0
2152300
2152300
69
0
1928800
1928800
70
0
1705300
1705300
71
0
1485800
1485800
72
0
1266500
1266500
73
0
1049500
1049500
74
400
835000
835400
75
1000
685300
686300
76
3100
539800
542900
77
5200
414700
419900
78
7300
299800
307100
79
13200
205900
219100
80
67000
121600
188600
81
154600
51100
205700
82
276500
10500
287000
83
467100
0
467100
84
668600
0
668600
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.