Nearest listed expiration 2026-07-06 shows max pain at $195.00 (0.17 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$195.00
Nearest expiry
Expected Move
±$4.02
±2.1%
Days to Expiry
4
Calendar days
Total Call OI
73,931
Nearest expiry
Total Put OI
55,951
Nearest expiry
P/C OI Ratio
0.76
Put-heavy
Spot Price
$194.83
Published close
Consensus
8.5/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-06
Expiration
Max Pain Strike
Last Updated
2026-07-01
$195.00
7/1/2026, 11:26:42 PM
2026-07-02
$197.50
7/2/2026, 11:26:33 PM
2026-07-06NextUpdated
$195.00
7/3/2026, 11:22:03 PM
2026-07-08
$195.00
7/3/2026, 11:22:03 PM
2026-07-10
$200.00
7/3/2026, 11:22:03 PM
2026-07-17
$200.00
7/3/2026, 11:22:03 PM
2026-07-24
$195.00
7/3/2026, 11:22:03 PM
2026-07-31
$195.00
7/3/2026, 11:22:03 PM
2026-08-07
$195.00
7/3/2026, 11:22:03 PM
2026-08-21
$200.00
7/3/2026, 11:22:03 PM
2026-09-18
$185.00
7/3/2026, 11:22:03 PM
2026-10-16
$200.00
7/3/2026, 11:22:03 PM
2026-11-20
$200.00
7/3/2026, 11:22:03 PM
2026-12-18
$140.00
7/3/2026, 11:22:03 PM
2027-01-15
$160.00
7/3/2026, 11:22:03 PM
2027-03-19
$200.00
7/3/2026, 11:22:03 PM
2027-06-17
$180.00
7/3/2026, 11:22:03 PM
Selected expiration: 2026-07-06 at max pain $195.00.
NVDA pain by strike for 2026-07-06 expiration
Strike
Call Pain
Put Pain
Total Pain
110
0
405535250
405535250
115
0
377571250
377571250
120
0
349608250
349608250
125
0
321646750
321646750
130
0
293725750
293725750
135
0
265854750
265854750
140
500
238011750
238012250
145
1000
210233750
210234750
150
1500
184412750
184414250
155
2500
159140750
159143250
160
5500
134000750
134006250
165
12500
108967250
108979750
170
20500
85882250
85902750
175
40500
63767750
63808250
177.5
59750
53036250
53096000
180
82750
42412500
42495250
182.5
159250
32689000
32848250
185
264750
23434750
23699500
187.5
511750
17000750
17512500
190
961250
11312500
12273750
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.