Nearest listed expiration 2026-07-06 shows max pain at $580.00 (2.90 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$580.00
Nearest expiry
Expected Move
±$12.35
±2.1%
Days to Expiry
4
Calendar days
Total Call OI
17,264
Nearest expiry
Total Put OI
10,477
Nearest expiry
P/C OI Ratio
0.61
Put-heavy
Spot Price
$582.90
Published close
Consensus
6.5/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-06
Expiration
Max Pain Strike
Last Updated
2026-07-01
$555.00
7/1/2026, 11:22:39 PM
2026-07-02
$582.50
7/2/2026, 11:24:05 PM
2026-07-06NextUpdated
$580.00
7/3/2026, 11:19:17 PM
2026-07-08
$580.00
7/3/2026, 11:19:17 PM
2026-07-10
$580.00
7/3/2026, 11:19:17 PM
2026-07-17
$592.50
7/3/2026, 11:19:17 PM
2026-07-24
$575.00
7/3/2026, 11:19:17 PM
2026-07-31
$580.00
7/3/2026, 11:19:17 PM
2026-08-07
$570.00
7/3/2026, 11:19:17 PM
2026-08-21
$600.00
7/3/2026, 11:19:17 PM
2026-09-18
$625.00
7/3/2026, 11:19:17 PM
2026-10-16
$600.00
7/3/2026, 11:19:17 PM
2026-11-20
$600.00
7/3/2026, 11:19:17 PM
2026-12-18
$570.00
7/3/2026, 11:19:17 PM
2027-01-15
$620.00
7/3/2026, 11:19:17 PM
2027-03-19
$600.00
7/3/2026, 11:19:17 PM
2027-06-17
$600.00
7/3/2026, 11:19:17 PM
Selected expiration: 2026-07-06 at max pain $580.00.
META pain by strike for 2026-07-06 expiration
Strike
Call Pain
Put Pain
Total Pain
450
0
111942000
111942000
455
0
106733500
106733500
460
0
101565500
101565500
465
500
96406500
96407000
470
1000
91253500
91254500
475
1500
86104500
86106000
480
3000
80973000
80976000
485
11500
75867000
75878500
490
25000
70771000
70796000
492.5
34500
68250750
68285250
495
45250
65742000
65787250
497.5
58750
63299250
63358000
500
74250
60859000
60933250
502.5
94750
58434250
58529000
505
117250
56011750
56129000
507.5
145500
53591000
53736500
510
173750
51172750
51346500
512.5
208000
48774000
48982000
515
242250
46377750
46620000
517.5
278000
44011500
44289500
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.