This page reflects MOH 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 — MOH
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $210.00 (19.87 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$210.00
Nearest expiry
Expected Move
±$16.55
±7.2%
Days to Expiry
15
Calendar days
Total Call OI
1,374
Nearest expiry
Total Put OI
1,500
Nearest expiry
P/C OI Ratio
1.09
Put-heavy
Spot Price
$229.87
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
$160.00
5/15/2026, 11:25:49 PM
2026-06-18
$180.00
6/18/2026, 11:26:12 PM
2026-07-17NextUpdated
$210.00
7/3/2026, 11:21:19 PM
2026-08-21
$170.00
7/3/2026, 11:21:19 PM
2026-09-18
$170.00
7/3/2026, 11:21:19 PM
2026-10-16
$195.00
7/3/2026, 11:21:19 PM
2026-12-18
$190.00
7/3/2026, 11:21:19 PM
2027-01-15
$175.00
7/3/2026, 11:21:19 PM
Selected expiration: 2026-07-17 at max pain $210.00.
MOH pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
125
0
9699500
9699500
130
0
8951500
8951500
135
0
8206500
8206500
140
1000
7461500
7462500
145
2000
6718500
6720500
150
28500
5976000
6004500
155
55500
5241500
5297000
160
83000
4510000
4593000
165
124000
3790500
3914500
170
165500
3155000
3320500
175
208000
2635000
2843000
180
260000
2158500
2418500
185
322000
1697500
2019500
190
393500
1262000
1655500
195
479000
1002000
1481000
200
587500
761000
1348500
210
911500
359000
1270500
220
1706500
138000
1844500
230
2624500
0
2624500
240
3767500
0
3767500
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.