This page reflects NVCR 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 — NVCR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $16.00 (1.20 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$16.00
Nearest expiry
Expected Move
±$2.05
±11.9%
Days to Expiry
15
Calendar days
Total Call OI
3,431
Nearest expiry
Total Put OI
1,285
Nearest expiry
P/C OI Ratio
0.37
Put-heavy
Spot Price
$17.20
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
$15.00
5/15/2026, 11:30:59 PM
2026-06-18
$14.00
6/18/2026, 11:25:38 PM
2026-07-17NextUpdated
$16.00
7/3/2026, 11:23:14 PM
2026-08-21
$12.00
7/3/2026, 11:23:14 PM
2026-09-18
$14.00
7/3/2026, 11:23:14 PM
2026-12-18
$15.00
7/3/2026, 11:23:14 PM
2027-01-15
$10.00
7/3/2026, 11:23:14 PM
Selected expiration: 2026-07-17 at max pain $16.00.
NVCR pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
9
0
843700
843700
10
0
715300
715300
12
600
458900
459500
13
1200
330700
331900
14
2800
204600
207400
15
10000
126900
136900
16
33300
68500
101800
17
82100
34500
116600
18
165400
3300
168700
19
315100
2300
317400
20
575900
1500
577400
21
859300
1200
860500
22
1150900
1000
1151900
23
1493900
800
1494700
24
1836900
600
1837500
25
2179900
500
2180400
30
3895400
0
3895400
35
5610900
0
5610900
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.