This page reflects MET 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 — MET
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $85.00 (5.06 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$85.00
Nearest expiry
Expected Move
±$3.75
±4.2%
Days to Expiry
15
Calendar days
Total Call OI
4,280
Nearest expiry
Total Put OI
1,189
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$90.06
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
$77.50
5/15/2026, 11:27:18 PM
2026-06-18
$80.00
6/18/2026, 11:19:33 PM
2026-07-17NextUpdated
$85.00
7/3/2026, 11:17:22 PM
2026-08-21
$85.00
7/3/2026, 11:17:22 PM
2026-09-18
$80.00
7/3/2026, 11:17:22 PM
2026-12-18
$82.50
7/3/2026, 11:17:22 PM
2027-01-15
$77.50
7/3/2026, 11:17:22 PM
2027-03-19
$82.50
7/3/2026, 11:17:22 PM
2027-06-17
$85.00
7/3/2026, 11:17:22 PM
Selected expiration: 2026-07-17 at max pain $85.00.
MET pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
3241500
3241500
60
1500
2647000
2648500
65
3000
2053500
2056500
70
4500
1467000
1471500
72.5
7250
1177250
1184500
75
10000
892250
902250
77.5
20500
619250
639750
80
32750
361500
394250
82.5
61500
146500
208000
85
111500
21000
132500
87.5
272000
2750
274750
90
837250
0
837250
92.5
1826000
0
1826000
95
2866500
0
2866500
97.5
3930500
0
3930500
100
4997000
0
4997000
115
11415500
0
11415500
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.