This page reflects MRCY 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 — MRCY
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $95.00 (31.21 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$95.00
Nearest expiry
Expected Move
±$6.40
±5.1%
Days to Expiry
15
Calendar days
Total Call OI
1,048
Nearest expiry
Total Put OI
1,040
Nearest expiry
P/C OI Ratio
0.99
Put-heavy
Spot Price
$126.21
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
$80.00
5/15/2026, 11:24:29 PM
2026-06-18
$95.00
6/18/2026, 11:23:43 PM
2026-07-17NextUpdated
$95.00
7/3/2026, 11:21:47 PM
2026-08-21
$105.00
7/3/2026, 11:21:47 PM
2026-09-18
$77.50
7/3/2026, 11:21:47 PM
2026-10-16
$105.00
7/3/2026, 11:21:47 PM
2026-11-20
$90.00
7/3/2026, 11:21:47 PM
2026-12-18
$92.50
7/3/2026, 11:21:47 PM
2027-01-15
$100.00
7/3/2026, 11:21:47 PM
2027-05-21
$100.00
7/3/2026, 11:21:47 PM
Selected expiration: 2026-07-17 at max pain $95.00.
MRCY pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
5302000
5302000
37.5
250
5042000
5042250
40
500
4782250
4782750
42.5
1000
4522500
4523500
45
1750
4262750
4264500
47.5
2500
4005500
4008000
55
4750
3242000
3246750
57.5
6500
2988500
2995000
60
8250
2737000
2745250
62.5
10000
2485750
2495750
65
20500
2234500
2255000
67.5
31250
1983250
2014500
70
43000
1732250
1775250
72.5
54750
1483500
1538250
75
71000
1264500
1335500
77.5
87750
1048250
1136000
80
105500
832250
937750
82.5
125750
704000
829750
85
146000
575750
721750
87.5
171000
447500
618500
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.