This page reflects MKSI 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 — MKSI
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $330.00 (35.56 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$330.00
Nearest expiry
Expected Move
±$45.90
±12.6%
Days to Expiry
15
Calendar days
Total Call OI
2,851
Nearest expiry
Total Put OI
4,561
Nearest expiry
P/C OI Ratio
1.60
Put-heavy
Spot Price
$365.56
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
$270.00
5/15/2026, 11:24:25 PM
2026-06-18
$310.00
6/18/2026, 11:26:02 PM
2026-07-17NextUpdated
$330.00
7/3/2026, 11:15:48 PM
2026-08-21
$410.00
7/3/2026, 11:15:48 PM
2026-10-16
$320.00
7/3/2026, 11:15:48 PM
2026-12-18
$300.00
7/3/2026, 11:15:48 PM
2027-01-15
$300.00
7/3/2026, 11:15:48 PM
2027-02-19
$155.00
7/3/2026, 11:15:48 PM
2027-05-21
$270.00
7/3/2026, 11:15:48 PM
Selected expiration: 2026-07-17 at max pain $330.00.
MKSI pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
80
0
81555500
81555500
85
0
79287500
79287500
100
1500
72483500
72485000
105
2000
70218000
70220000
120
5000
63423000
63428000
125
16000
61159500
61175500
130
28500
58896000
58924500
135
42000
56633500
56675500
140
55500
54371000
54426500
145
69500
52108500
52178000
150
84000
49846000
49930000
160
115000
45335000
45450000
165
135500
43079500
43215000
170
158500
40824500
40983000
175
183000
38572000
38755000
180
208500
36321500
36530000
185
241500
34075500
34317000
190
277500
32329500
32607000
195
317000
30840500
31157500
200
362000
29363000
29725000
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.