Nearest listed expiration 2026-07-10 shows max pain at $1070.00 (94.44 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$1070.00
Nearest expiry
Expected Move
±$123.05
±12.6%
Days to Expiry
8
Calendar days
Total Call OI
66,806
Nearest expiry
Total Put OI
284,641
Nearest expiry
P/C OI Ratio
4.26
Put-heavy
Spot Price
$975.56
Published close
Consensus
7.0/10
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
$1085.00
6/26/2026, 11:26:52 PM
2026-07-02
$1090.00
6/26/2026, 11:26:52 PM
2026-07-10NextUpdated
$1070.00
7/3/2026, 11:26:26 PM
2026-07-17
$780.00
7/3/2026, 11:26:26 PM
2026-07-24
$1050.00
7/3/2026, 11:26:26 PM
2026-07-31
$1065.00
7/3/2026, 11:26:26 PM
2026-08-07
$1105.00
7/3/2026, 11:26:26 PM
2026-08-21
$890.00
7/3/2026, 11:26:26 PM
2026-09-18
$600.00
7/3/2026, 11:26:26 PM
2026-10-16
$800.00
7/3/2026, 11:26:26 PM
2026-11-20
$650.00
7/3/2026, 11:26:26 PM
2026-12-18
$420.00
7/3/2026, 11:26:26 PM
2027-01-15
$440.00
7/3/2026, 11:26:26 PM
2027-03-19
$650.00
7/3/2026, 11:26:26 PM
2027-06-17
$470.00
7/3/2026, 11:26:26 PM
Selected expiration: 2026-07-10 at max pain $1070.00.
MU pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
15
0
12461337000
12461337000
35
0
11892067000
11892067000
40
0
11754522000
11754522000
45
500
11624241000
11624241500
50
1000
11499727500
11499728500
55
1500
11389800500
11389802000
60
2000
11304020500
11304022500
65
3000
11218537000
11218540000
70
4000
11133618000
11133622000
75
5000
11049230000
11049235000
80
6500
10965417500
10965424000
85
8500
10882182500
10882191000
90
10500
10799492500
10799503000
95
12500
10717386500
10717399000
100
14500
10635812500
10635827000
105
16500
10555764000
10555780500
110
18500
10476783000
10476801500
115
20500
10398860000
10398880500
120
22500
10322071500
10322094000
125
24500
10245359500
10245384000
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.