This page reflects NXT 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 — NXT
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $120.00 (7.16 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$120.00
Nearest expiry
Expected Move
±$15.00
±13.3%
Days to Expiry
15
Calendar days
Total Call OI
6,443
Nearest expiry
Total Put OI
9,352
Nearest expiry
P/C OI Ratio
1.45
Put-heavy
Spot Price
$112.84
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
$105.00
5/15/2026, 11:26:53 PM
2026-06-18
$130.00
6/18/2026, 11:25:12 PM
2026-07-17NextUpdated
$120.00
7/3/2026, 11:21:50 PM
2026-08-21
$125.00
7/3/2026, 11:21:50 PM
2026-11-20
$120.00
7/3/2026, 11:21:50 PM
2027-01-15
$105.00
7/3/2026, 11:21:50 PM
2027-02-19
$100.00
7/3/2026, 11:21:50 PM
Selected expiration: 2026-07-17 at max pain $120.00.
NXT pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
39072500
39072500
70
0
34397500
34397500
75
12000
29732000
29744000
80
24000
25073500
25097500
85
52000
20431500
20483500
90
89500
15812500
15902000
95
127500
11745500
11873000
100
171500
8159500
8331000
105
346500
5283500
5630000
110
554000
2833500
3387500
115
831500
1794000
2625500
120
1245500
1236000
2481500
125
1860500
810500
2671000
130
2581500
465500
3047000
135
3708500
279500
3988000
140
5549500
114500
5664000
145
7474500
65000
7539500
150
9477500
19500
9497000
155
11531000
6000
11537000
160
13606500
0
13606500
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.