This page reflects OCUL 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 — OCUL
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $9.50 (0.14 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$9.50
Nearest expiry
Expected Move
±$0.55
±5.7%
Days to Expiry
8
Calendar days
Total Call OI
540
Nearest expiry
Total Put OI
867
Nearest expiry
P/C OI Ratio
1.61
Put-heavy
Spot Price
$9.64
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$9.00
6/26/2026, 11:25:33 PM
2026-07-02
$9.50
7/2/2026, 11:26:00 PM
2026-07-10NextUpdated
$9.50
7/3/2026, 11:21:38 PM
2026-07-17
$9.00
7/3/2026, 11:21:38 PM
2026-07-24
$9.00
7/3/2026, 11:21:38 PM
2026-07-31
$9.00
7/3/2026, 11:21:38 PM
2026-08-07
$9.50
7/3/2026, 11:21:38 PM
2026-08-21
$9.00
7/3/2026, 11:21:38 PM
2026-09-18
$9.00
7/3/2026, 11:21:38 PM
2026-12-18
$9.00
7/3/2026, 11:21:38 PM
2027-01-15
$10.00
7/3/2026, 11:21:38 PM
Selected expiration: 2026-07-10 at max pain $9.50.
OCUL pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
642300
642300
3
37000
555600
592600
4
78000
468900
546900
4.5
98500
425600
524100
5
119000
382350
501350
6.5
180500
253350
433850
7.5
221500
167650
389150
8.5
262500
82050
344550
9
283250
39250
322500
9.5
304250
0
304250
10
325250
0
325250
11
377850
0
377850
11.5
404450
0
404450
12
431250
0
431250
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.