Natural Resource Partners LP LiClose $99.11EOD only
Max Pain
$110.00
Next expiry Jul 17, 2026
Expected Move
±$5.18
5.2% from close
Price Gap
+10.89
Distance to max pain
IV Rank
14
Low premium
P/C OI
5.02
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects NRP 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 — NRP
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $110.00 (10.89 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$110.00
Nearest expiry
Expected Move
±$5.18
±5.2%
Days to Expiry
15
Calendar days
Total Call OI
1,172
Nearest expiry
Total Put OI
2,035
Nearest expiry
P/C OI Ratio
1.74
Put-heavy
Spot Price
$99.11
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
$100.00
5/15/2026, 11:27:45 PM
2026-06-18
$105.00
6/18/2026, 11:23:08 PM
2026-07-17NextUpdated
$110.00
7/3/2026, 11:21:36 PM
2026-08-21
$70.00
7/3/2026, 11:21:36 PM
2026-10-16
$115.00
7/3/2026, 11:21:36 PM
2026-12-18
$105.00
7/3/2026, 11:21:36 PM
2027-01-15
$105.00
7/3/2026, 11:21:36 PM
Selected expiration: 2026-07-17 at max pain $110.00.
NRP pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
6546000
6546000
60
5000
5528500
5533500
65
10500
4511000
4521500
70
16500
3493500
3510000
75
24000
2476000
2500000
80
35500
1468500
1504000
85
48500
694000
742500
90
63000
484500
547500
95
81000
310500
391500
100
100000
175500
275500
105
123500
88500
212000
110
154500
28000
182500
115
194000
12500
206500
120
243500
2500
246000
125
312500
0
312500
130
500500
0
500500
135
702500
0
702500
140
904500
0
904500
145
1109000
0
1109000
150
1315000
0
1315000
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.