This page reflects MMM 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 — MMM
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $160.00 (0.44 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$160.00
Nearest expiry
Expected Move
±$5.63
±3.5%
Days to Expiry
8
Calendar days
Total Call OI
3,839
Nearest expiry
Total Put OI
4,363
Nearest expiry
P/C OI Ratio
1.14
Put-heavy
Spot Price
$160.44
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
$157.50
6/26/2026, 11:23:01 PM
2026-07-02
$165.00
7/2/2026, 11:21:34 PM
2026-07-10NextUpdated
$160.00
7/3/2026, 11:21:35 PM
2026-07-17
$160.00
7/3/2026, 11:21:35 PM
2026-07-24
$160.00
7/3/2026, 11:21:35 PM
2026-07-31
$165.00
7/3/2026, 11:21:35 PM
2026-08-07
$165.00
7/3/2026, 11:21:35 PM
2026-08-21
$160.00
7/3/2026, 11:21:35 PM
2026-09-18
$155.00
7/3/2026, 11:21:35 PM
2026-10-16
$160.00
7/3/2026, 11:21:35 PM
2026-12-18
$150.00
7/3/2026, 11:21:35 PM
2027-01-15
$150.00
7/3/2026, 11:21:35 PM
2027-03-19
$140.00
7/3/2026, 11:21:35 PM
2027-06-17
$120.00
7/3/2026, 11:21:35 PM
Selected expiration: 2026-07-10 at max pain $160.00.
MMM pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
130
0
11698600
11698600
135
0
9534600
9534600
139
400
7823400
7823800
140
600
7395600
7396200
141
800
6968500
6969300
142
1000
6543100
6544100
143
1200
6118000
6119200
144
1400
5693100
5694500
145
1600
5286000
5287600
146
1800
4879500
4881300
147
2100
4473400
4475500
148
2400
4067500
4069900
149
2700
3662900
3665600
150
3000
3259000
3262000
152.5
6750
2261500
2268250
155
10500
1303000
1313500
157.5
23500
359000
382500
160
94500
201250
295750
162.5
212000
107750
319750
165
641750
30250
672000
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.