This page reflects NDAQ 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 — NDAQ
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $80.00 (4.66 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$2.08
±2.5%
Days to Expiry
8
Calendar days
Total Call OI
346
Nearest expiry
Total Put OI
410
Nearest expiry
P/C OI Ratio
1.18
Put-heavy
Spot Price
$84.66
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
$82.00
6/26/2026, 11:20:43 PM
2026-07-02
$80.00
7/2/2026, 11:24:19 PM
2026-07-10NextUpdated
$80.00
7/3/2026, 11:20:15 PM
2026-07-17
$82.50
7/3/2026, 11:20:15 PM
2026-07-24
$85.00
7/3/2026, 11:20:15 PM
2026-07-31
$85.00
7/3/2026, 11:20:15 PM
2026-08-07
$75.00
7/3/2026, 11:20:15 PM
2026-08-21
$82.50
7/3/2026, 11:20:15 PM
2026-09-18
$85.00
7/3/2026, 11:20:15 PM
2026-12-18
$85.00
7/3/2026, 11:20:15 PM
2027-01-15
$80.00
7/3/2026, 11:20:15 PM
2027-03-19
$85.00
7/3/2026, 11:20:15 PM
2027-06-17
$75.00
7/3/2026, 11:20:15 PM
Selected expiration: 2026-07-10 at max pain $80.00.
NDAQ pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
70
0
405800
405800
71
0
365500
365500
72
0
325300
325300
73
0
285200
285200
74
0
245200
245200
75
0
205300
205300
77
0
126300
126300
78
0
88700
88700
79
9800
53100
62900
80
20000
18400
38400
81
30400
13300
43700
82
42300
8500
50800
83
55700
3800
59500
84
71400
200
71600
85
89100
0
89100
86
107500
0
107500
87
125900
0
125900
87.5
135350
0
135350
88
144850
0
144850
89
164250
0
164250
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.