This page reflects MHK 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 — MHK
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $105.00 (14.35 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$105.00
Nearest expiry
Expected Move
±$7.15
±6.0%
Days to Expiry
15
Calendar days
Total Call OI
1,119
Nearest expiry
Total Put OI
208
Nearest expiry
P/C OI Ratio
0.19
Put-heavy
Spot Price
$119.35
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
$100.00
5/15/2026, 11:24:12 PM
2026-06-18
$95.00
6/18/2026, 11:23:23 PM
2026-07-17NextUpdated
$105.00
7/3/2026, 11:19:08 PM
2026-08-21
$100.00
7/3/2026, 11:19:08 PM
2026-11-20
$95.00
7/3/2026, 11:19:08 PM
2027-02-19
$85.00
7/3/2026, 11:19:08 PM
Selected expiration: 2026-07-17 at max pain $105.00.
MHK pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
70
0
661000
661000
75
0
557500
557500
80
0
455000
455000
85
0
357000
357000
90
0
261000
261000
95
0
172500
172500
100
2500
91000
93500
105
6500
23000
29500
110
22000
14000
36000
115
47500
5500
53000
120
118500
0
118500
125
645500
0
645500
130
1185000
0
1185000
135
1744000
0
1744000
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.