This page reflects NDSN 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 — NDSN
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $280.00 (10.38 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$280.00
Nearest expiry
Expected Move
±$12.70
±4.4%
Days to Expiry
15
Calendar days
Total Call OI
726
Nearest expiry
Total Put OI
66
Nearest expiry
P/C OI Ratio
0.09
Put-heavy
Spot Price
$290.38
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
$280.00
5/15/2026, 11:24:27 PM
2026-06-18
$290.00
6/18/2026, 11:28:40 PM
2026-07-17NextUpdated
$280.00
7/3/2026, 11:22:20 PM
2026-08-21
$280.00
7/3/2026, 11:22:20 PM
2026-09-18
$300.00
7/3/2026, 11:22:20 PM
2026-12-18
$270.00
7/3/2026, 11:22:20 PM
Selected expiration: 2026-07-17 at max pain $280.00.
NDSN pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
170
0
641000
641000
210
0
381000
381000
220
0
318000
318000
230
0
259000
259000
240
0
203000
203000
250
0
149000
149000
260
0
98000
98000
270
1000
56000
57000
280
12000
27000
39000
290
33000
13000
46000
300
678000
4000
682000
310
1355000
2000
1357000
320
2057000
1000
2058000
330
2780000
0
2780000
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.