Madison Square Garden Sports CoClose $395.16EOD only
Max Pain
$380.00
Next expiry Jul 17, 2026
Expected Move
±$17.95
4.5% from close
Price Gap
-15.16
Distance to max pain
IV Rank
8
Low premium
P/C OI
0.76
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects MSGS 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 — MSGS
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $380.00 (15.16 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$380.00
Nearest expiry
Expected Move
±$17.95
±4.5%
Days to Expiry
15
Calendar days
Total Call OI
675
Nearest expiry
Total Put OI
1,438
Nearest expiry
P/C OI Ratio
2.13
Put-heavy
Spot Price
$395.16
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
$290.00
5/15/2026, 11:26:35 PM
2026-06-18
$370.00
6/18/2026, 11:24:18 PM
2026-07-17NextUpdated
$380.00
7/3/2026, 11:21:56 PM
2026-08-21
$370.00
7/3/2026, 11:21:56 PM
2026-11-20
$350.00
7/3/2026, 11:21:56 PM
2027-02-19
$340.00
7/3/2026, 11:21:56 PM
Selected expiration: 2026-07-17 at max pain $380.00.
MSGS pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
150
0
25693500
25693500
160
0
24255500
24255500
190
6000
19941500
19947500
195
7500
19222500
19230000
200
9000
18504000
18513000
210
14000
17067000
17081000
220
19000
15630000
15649000
230
24000
14206000
14230000
240
29000
12782000
12811000
250
34000
11361000
11395000
260
39000
9947000
9986000
270
44000
8535000
8579000
280
49000
7139000
7188000
290
57000
5753000
5810000
300
65000
4876000
4941000
310
74000
4026000
4100000
320
86000
3191000
3277000
330
99000
2364000
2463000
340
124000
1549000
1673000
350
164000
774000
938000
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.