This page reflects NVMI 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 — NVMI
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $500.00 (29.86 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$500.00
Nearest expiry
Expected Move
±$53.35
±11.3%
Days to Expiry
15
Calendar days
Total Call OI
531
Nearest expiry
Total Put OI
653
Nearest expiry
P/C OI Ratio
1.23
Put-heavy
Spot Price
$470.14
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
$450.00
5/15/2026, 11:27:12 PM
2026-06-18
$490.00
6/18/2026, 11:29:40 PM
2026-07-17NextUpdated
$500.00
7/3/2026, 11:20:14 PM
2026-08-21
$460.00
7/3/2026, 11:20:14 PM
2026-11-20
$480.00
7/3/2026, 11:20:14 PM
2026-12-18
$460.00
7/3/2026, 11:20:14 PM
2027-02-19
$300.00
7/3/2026, 11:20:14 PM
Selected expiration: 2026-07-17 at max pain $500.00.
NVMI pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
140
0
18928000
18928000
145
500
18604000
18604500
150
1500
18281500
18283000
155
3000
17959000
17962000
160
5000
17637500
17642500
165
7500
17317000
17324500
170
12000
16998000
17010000
175
17000
16681000
16698000
180
22500
16367000
16389500
185
29000
16055000
16084000
190
37000
15745000
15782000
200
57000
15125000
15182000
210
79000
14505000
14584000
220
103000
13885000
13988000
240
155000
12647000
12802000
250
182000
12032000
12214000
260
210000
11417000
11627000
270
239000
10819000
11058000
280
269000
10241000
10510000
290
302000
9669000
9971000
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.