What is NBIS max pain this week?

NBIS max pain for the nearest expiration (2026-07-10) is $260.00. Total call open interest: 34,709. Total put open interest: 61,294.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options NBISMax Pain

NBIS

Nebius Group N.V.Close $215.62EOD only

Max Pain

$260.00

Next expiry Jul 10, 2026

Expected Move

±$32.02

14.8% from close

Price Gap

+44.38

Distance to max pain

IV Rank

Middle-high premium

P/C OI

1.46

Slightly put-heavy

Consensus

4/4

Partial coverage

Published snapshot: Jul 2, 2026 close

End-of-day snapshot

This page reflects NBIS 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 — NBIS

Data as of market close Jul 2, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-07-10 shows max pain at $260.00 (44.38 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$260.00

Nearest expiry

Expected Move

±$32.02

±14.8%

Days to Expiry

Calendar days

Total Call OI

34,709

Nearest expiry

Total Put OI

61,294

Nearest expiry

P/C OI Ratio

1.77

Put-heavy

Spot Price

$215.62

Published close

Consensus

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	$270.00	6/26/2026, 11:21:09 PM
2026-07-02	$250.00	7/2/2026, 11:24:56 PM
2026-07-10NextUpdated	$260.00	7/3/2026, 11:23:13 PM
2026-07-17	$220.00	7/3/2026, 11:23:13 PM
2026-07-24	$240.00	7/3/2026, 11:23:13 PM
2026-07-31	$245.00	7/3/2026, 11:23:13 PM
2026-08-07	$245.00	7/3/2026, 11:23:13 PM
2026-08-21	$190.00	7/3/2026, 11:23:13 PM
2026-09-18	$200.00	7/3/2026, 11:23:13 PM
2026-11-20	$185.00	7/3/2026, 11:23:13 PM
2026-12-18	$160.00	7/3/2026, 11:23:13 PM
2027-01-15	$90.00	7/3/2026, 11:23:13 PM
2027-02-19	$250.00	7/3/2026, 11:23:13 PM
2027-03-19	$200.00	7/3/2026, 11:23:13 PM
2027-06-17	$250.00	7/3/2026, 11:23:13 PM

Selected expiration: 2026-07-10 at max pain $260.00.

NBIS pain by strike for 2026-07-10 expiration
Strike	Call Pain	Put Pain	Total Pain
115	0	409666750	409666750
120	9000	379589250	379598250
125	24000	350583250	350607250
130	42000	321710250	321752250
135	62000	297904750	297966750
140	105500	274719250	274824750
145	157000	252028750	252185750
150	211000	229488750	229699750
155	270500	208500750	208771250
160	336000	187687750	188023750
165	405500	167458750	167864250
167.5	442500	157517500	157960000
170	481250	147794250	148275500
172.5	528250	139746750	140275000
175	575500	131730500	132306000
177.5	632000	124180000	124812000
180	695000	116712500	117407500
182.5	768250	109585750	110354000
185	844000	102507250	103351250
187.5	928000	95545750	96473750

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.