Nearest listed expiration 2026-07-10 shows max pain at $280.00 (34.71 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$280.00
Nearest expiry
Expected Move
±$28.05
±11.4%
Days to Expiry
8
Calendar days
Total Call OI
33,505
Nearest expiry
Total Put OI
48,840
Nearest expiry
P/C OI Ratio
1.46
Put-heavy
Spot Price
$245.29
Published close
Consensus
6.5/10
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
$285.00
6/26/2026, 11:20:43 PM
2026-07-02
$270.00
7/2/2026, 11:22:30 PM
2026-07-10NextUpdated
$280.00
7/3/2026, 11:19:29 PM
2026-07-17
$200.00
7/3/2026, 11:19:29 PM
2026-07-24
$275.00
7/3/2026, 11:19:29 PM
2026-07-31
$270.00
7/3/2026, 11:19:29 PM
2026-08-07
$260.00
7/3/2026, 11:19:29 PM
2026-08-21
$175.00
7/3/2026, 11:19:29 PM
2026-09-18
$155.00
7/3/2026, 11:19:29 PM
2026-10-16
$280.00
7/3/2026, 11:19:29 PM
2026-11-20
$165.00
7/3/2026, 11:19:29 PM
2026-12-18
$150.00
7/3/2026, 11:19:29 PM
2027-01-15
$135.00
7/3/2026, 11:19:29 PM
2027-02-19
$290.00
7/3/2026, 11:19:29 PM
2027-03-19
$200.00
7/3/2026, 11:19:29 PM
2027-06-17
$145.00
7/3/2026, 11:19:29 PM
Selected expiration: 2026-07-10 at max pain $280.00.
MRVL pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
100
0
557828750
557828750
105
2500
533500250
533502750
110
9500
509259750
509269250
115
39500
485071750
485111250
120
75500
461000750
461076250
125
114000
437090750
437204750
130
178000
413576750
413754750
135
355500
390575750
390931250
140
553000
367889750
368442750
145
752000
345875750
346627750
150
953500
325656750
326610250
155
1167500
305582250
306749750
160
1387000
286919750
288306750
165
1610500
268937250
270547750
167.5
1949750
260323000
262272750
170
2290500
251917250
254207750
172.5
2633750
243676750
246310500
175
2980750
235448250
238429000
177.5
3331750
227376250
230708000
180
3693250
219402750
223096000
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.