This page reflects MUSA 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 — MUSA
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $460.00 (100.75 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$460.00
Nearest expiry
Expected Move
±$32.85
±5.9%
Days to Expiry
15
Calendar days
Total Call OI
643
Nearest expiry
Total Put OI
278
Nearest expiry
P/C OI Ratio
0.43
Put-heavy
Spot Price
$560.75
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
$520.00
5/15/2026, 11:25:37 PM
2026-06-18
$580.00
6/18/2026, 11:23:03 PM
2026-07-17NextUpdated
$460.00
7/3/2026, 11:23:49 PM
2026-08-21
$510.00
7/3/2026, 11:23:49 PM
2026-10-16
$520.00
7/3/2026, 11:23:49 PM
2026-12-18
$440.00
7/3/2026, 11:23:49 PM
2027-01-15
$590.00
7/3/2026, 11:23:49 PM
Selected expiration: 2026-07-17 at max pain $460.00.
MUSA pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
200
0
7448000
7448000
220
2000
6892000
6894000
240
4000
6338000
6342000
250
5000
6061000
6066000
260
6000
5784000
5790000
270
7000
5508000
5515000
280
10000
5232000
5242000
290
13000
4963000
4976000
300
16000
4699000
4715000
310
19000
4437000
4456000
320
23000
4176000
4199000
330
27000
3916000
3943000
340
32000
3656000
3688000
350
37000
3396000
3433000
360
42000
3145000
3187000
370
47000
2924000
2971000
380
52000
2703000
2755000
390
57000
2482000
2539000
400
63000
2264000
2327000
420
75000
1830000
1905000
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.