Nearest listed expiration 2026-07-10 shows max pain at $75.00 (2.65 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$2.98
±3.8%
Days to Expiry
8
Calendar days
Total Call OI
98,181
Nearest expiry
Total Put OI
45,372
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$77.65
Published close
Consensus
6.5/10
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
$73.00
6/26/2026, 11:25:37 PM
2026-07-02
$74.00
7/2/2026, 11:26:49 PM
2026-07-10NextUpdated
$75.00
7/3/2026, 11:25:12 PM
2026-07-17
$80.00
7/3/2026, 11:25:12 PM
2026-07-24
$77.00
7/3/2026, 11:25:12 PM
2026-07-31
$75.00
7/3/2026, 11:25:12 PM
2026-08-07
$74.00
7/3/2026, 11:25:12 PM
2026-08-21
$83.00
7/3/2026, 11:25:12 PM
2026-09-18
$89.00
7/3/2026, 11:25:12 PM
2026-10-16
$80.00
7/3/2026, 11:25:12 PM
2026-11-20
$85.00
7/3/2026, 11:25:12 PM
2026-12-18
$87.00
7/3/2026, 11:25:12 PM
2027-01-15
$65.00
7/3/2026, 11:25:12 PM
2027-03-19
$90.00
7/3/2026, 11:25:12 PM
2027-06-17
$90.00
7/3/2026, 11:25:12 PM
Selected expiration: 2026-07-10 at max pain $75.00.
NFLX pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
140710400
140710400
45
12500
118504900
118517400
50
55000
96399400
96454400
60
166000
53555400
53721400
62
200400
45080800
45281200
63
217600
40853000
41070600
64
235000
36629200
36864200
65
254400
32907400
33161800
66
284800
29225400
29510200
67
320300
25580900
25901200
68
363800
22070800
22434600
69
425100
18968200
19393300
70
491800
15942900
16434700
71
616300
13192800
13809100
72
793700
10753800
11547500
73
1215500
8582100
9797600
74
1938900
6661300
8600200
75
2967800
4920200
7888000
76
4775000
3904700
8679700
77
7201800
3014100
10215900
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.