What is MELI max pain this week?

MELI max pain for the nearest expiration (2026-07-10) is $1600.00. Total call open interest: 1,496. Total put open interest: 909.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options MELIMax Pain

MELI

MercadoLibre, Inc.Close $1763.36EOD only

Max Pain

$1600.00

Next expiry Jul 10, 2026

Expected Move

±$38.55

2.2% from close

Price Gap

-163.36

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.89

Slightly call-heavy

Consensus

4/4

Partial coverage

Published snapshot: Jul 2, 2026 close

End-of-day snapshot

This page reflects MELI 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 — MELI

Data as of market close Jul 2, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-07-10 shows max pain at $1600.00 (163.36 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$1600.00

Nearest expiry

Expected Move

±$38.55

±2.2%

Days to Expiry

Calendar days

Total Call OI

1,496

Nearest expiry

Total Put OI

909

Nearest expiry

P/C OI Ratio

0.61

Put-heavy

Spot Price

$1763.36

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	$1620.00	6/26/2026, 11:18:42 PM
2026-07-02	$1675.00	7/2/2026, 11:23:38 PM
2026-07-10NextUpdated	$1600.00	7/3/2026, 11:19:17 PM
2026-07-17	$1650.00	7/3/2026, 11:19:17 PM
2026-07-24	$1550.00	7/3/2026, 11:19:17 PM
2026-07-31	$1625.00	7/3/2026, 11:19:17 PM
2026-08-07	$1715.00	7/3/2026, 11:19:17 PM
2026-08-21	$1660.00	7/3/2026, 11:19:17 PM
2026-09-18	$1760.00	7/3/2026, 11:19:17 PM
2026-10-16	$1600.00	7/3/2026, 11:19:17 PM
2026-12-18	$1820.00	7/3/2026, 11:19:17 PM
2027-01-15	$1600.00	7/3/2026, 11:19:17 PM
2027-03-19	$1720.00	7/3/2026, 11:19:17 PM
2027-06-17	$1900.00	7/3/2026, 11:19:17 PM

Selected expiration: 2026-07-10 at max pain $1600.00.

MELI pain by strike for 2026-07-10 expiration
Strike	Call Pain	Put Pain	Total Pain
1200	0	33609000	33609000
1220	4000	31877000	31881000
1240	10000	30175000	30185000
1260	22000	28479000	28501000
1280	42000	26819000	26861000
1300	64000	25159000	25223000
1320	88000	23499000	23587000
1340	116000	21841000	21957000
1355	143000	20599000	20742000
1360	152500	20185000	20337500
1380	198500	18529000	18727500
1395	245000	17309500	17554500
1400	261000	16903000	17164000
1415	340500	15706000	16046500
1420	368500	15307000	15675500
1425	400000	14919500	15319500
1430	433000	14532000	14965000
1440	502000	13772000	14274000
1450	581000	13025000	13606000
1455	675500	12653000	13328500

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.