Nearest listed expiration 2026-07-10 shows max pain at $95.00 (5.77 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
±$10.70
±10.6%
Days to Expiry
8
Calendar days
Total Call OI
128,227
Nearest expiry
Total Put OI
110,320
Nearest expiry
P/C OI Ratio
0.86
Put-heavy
Spot Price
$100.77
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
$102.00
6/26/2026, 11:22:56 PM
2026-07-02
$89.00
7/2/2026, 11:23:46 PM
2026-07-10NextUpdated
$95.00
7/3/2026, 11:22:45 PM
2026-07-17
$105.00
7/3/2026, 11:22:45 PM
2026-07-24
$114.00
7/3/2026, 11:22:45 PM
2026-07-31
$113.00
7/3/2026, 11:22:45 PM
2026-08-07
$97.00
7/3/2026, 11:22:45 PM
2026-08-21
$125.00
7/3/2026, 11:22:45 PM
2026-09-18
$150.00
7/3/2026, 11:22:45 PM
2026-10-16
$160.00
7/3/2026, 11:22:45 PM
2026-11-20
$175.00
7/3/2026, 11:22:45 PM
2026-12-18
$170.00
7/3/2026, 11:22:45 PM
2027-01-15
$160.00
7/3/2026, 11:22:45 PM
2027-03-19
$155.00
7/3/2026, 11:22:45 PM
2027-06-17
$160.00
7/3/2026, 11:22:45 PM
Selected expiration: 2026-07-10 at max pain $95.00.
MSTR pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
483715950
483715950
35
3000
429041950
429044950
40
6500
376848950
376855450
45
22000
325138950
325160950
50
42000
275708950
275750950
55
62000
231892450
231954450
60
435500
190434450
190869950
61
540300
182886750
183427050
62
645100
175345350
175990450
63
749900
167834150
168584050
64
854800
160335450
161190250
65
960000
152852650
153812650
66
1071600
145952150
147023750
67
1185700
139061050
140246750
68
1300000
132192250
133492250
69
1414400
125381650
126796050
70
1528900
118602350
120131250
71
1649300
112378150
114027450
72
1769900
106167650
107937550
73
1891700
100014350
101906050
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.