thetaOwl

MP

MP Materials Corp.Close $53.31EOD only
Max Pain
$58.00
Next expiry Jul 10, 2026
Expected Move
±$3.79
7.1% from close
Price Gap
+4.69
Distance to max pain
IV Rank
13
Low premium
P/C OI
0.85
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects MP 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 — MP
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $58.00 (4.69 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$58.00
Nearest expiry
Expected Move
±$3.79
±7.1%
Days to Expiry
8
Calendar days
Total Call OI
5,801
Nearest expiry
Total Put OI
6,322
Nearest expiry
P/C OI Ratio
1.09
Put-heavy
Spot Price
$53.31
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$58.006/26/2026, 11:19:42 PM
2026-07-02$55.007/2/2026, 11:21:58 PM
2026-07-10NextUpdated$58.007/3/2026, 11:23:12 PM
2026-07-17$60.007/3/2026, 11:23:12 PM
2026-07-24$63.007/3/2026, 11:23:12 PM
2026-07-31$57.007/3/2026, 11:23:12 PM
2026-08-07$55.007/3/2026, 11:23:12 PM
2026-08-21$55.007/3/2026, 11:23:12 PM
2026-09-18$60.007/3/2026, 11:23:12 PM
2026-12-18$60.007/3/2026, 11:23:12 PM
2027-01-15$50.007/3/2026, 11:23:12 PM
2027-03-19$70.007/3/2026, 11:23:12 PM
Selected expiration: 2026-07-10 at max pain $58.00.
MP pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
40079859007985900
44240054591005461500
45300048279004830900
46410042198004223900
46.5465039166503921300
47520036149503620150
47.5575033413503347100
48630030679003074200
48.5685028029502809800
49740025384002545800
49.5795022755502283500
50850020142002022700
511180015573001569100
521520011526001167800
5320600842100862700
5428000590900618900
5542800477600520400
5670000388600458600
57105500308300413800
58174700236100410800
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.