This page reflects MO 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 — MO
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $71.00 (1.71 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$71.00
Nearest expiry
Expected Move
±$1.92
±2.6%
Days to Expiry
8
Calendar days
Total Call OI
4,279
Nearest expiry
Total Put OI
3,424
Nearest expiry
P/C OI Ratio
0.80
Put-heavy
Spot Price
$72.71
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
$70.00
6/26/2026, 11:22:16 PM
2026-07-02
$72.00
7/2/2026, 11:22:42 PM
2026-07-10NextUpdated
$71.00
7/3/2026, 11:21:10 PM
2026-07-17
$70.00
7/3/2026, 11:21:10 PM
2026-07-24
$72.00
7/3/2026, 11:21:10 PM
2026-07-31
$70.00
7/3/2026, 11:21:10 PM
2026-08-07
$72.00
7/3/2026, 11:21:10 PM
2026-08-21
$70.00
7/3/2026, 11:21:10 PM
2026-09-18
$67.50
7/3/2026, 11:21:10 PM
2026-12-18
$60.00
7/3/2026, 11:21:10 PM
2027-01-15
$60.00
7/3/2026, 11:21:10 PM
2027-03-19
$67.50
7/3/2026, 11:21:10 PM
2027-06-17
$70.00
7/3/2026, 11:21:10 PM
Selected expiration: 2026-07-10 at max pain $71.00.
MO pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
10159900
10159900
45
7500
8447900
8455400
50
18000
6735900
6753900
60
39000
3319900
3358900
61
41100
2982900
3024000
62
43200
2646400
2689600
63
45300
2315000
2360300
64
47400
1985100
2032500
65
49500
1673600
1723100
66
51600
1372800
1424400
67
53700
1077500
1131200
68
55800
799200
855000
69
101700
566900
668600
70
154400
355000
509400
71
212000
160700
372700
72
330500
61900
392400
73
536400
24700
561100
74
814400
1900
816300
75
1141500
700
1142200
76
1499800
200
1500000
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.