This page reflects NXST 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 — NXST
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $170.00 (11.09 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$170.00
Nearest expiry
Expected Move
±$13.40
±7.4%
Days to Expiry
15
Calendar days
Total Call OI
70
Nearest expiry
Total Put OI
129
Nearest expiry
P/C OI Ratio
1.84
Put-heavy
Spot Price
$181.09
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
$195.00
5/15/2026, 11:26:14 PM
2026-06-18
$175.00
6/18/2026, 11:25:31 PM
2026-07-17NextUpdated
$170.00
7/3/2026, 11:22:09 PM
2026-08-21
$185.00
7/3/2026, 11:22:09 PM
2026-11-20
$220.00
7/3/2026, 11:22:09 PM
2026-12-18
$165.00
7/3/2026, 11:22:09 PM
2027-02-19
$170.00
7/3/2026, 11:22:09 PM
Selected expiration: 2026-07-17 at max pain $170.00.
NXST pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
140
0
220500
220500
145
0
160000
160000
150
500
107500
108000
155
2000
61000
63000
160
5000
31000
36000
165
11000
20500
31500
170
19000
11500
30500
175
30500
3500
34000
180
44500
1000
45500
185
61500
0
61500
190
87000
0
87000
200
143000
0
143000
220
269000
0
269000
230
337000
0
337000
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.