This page reflects ODD 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 — ODD
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $14.00 (3.90 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$14.00
Nearest expiry
Expected Move
±$0.82
±4.6%
Days to Expiry
8
Calendar days
Total Call OI
173
Nearest expiry
Total Put OI
163
Nearest expiry
P/C OI Ratio
0.94
Put-heavy
Spot Price
$17.90
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
$11.00
6/26/2026, 11:22:51 PM
2026-07-02
$12.00
7/2/2026, 11:24:33 PM
2026-07-10NextUpdated
$14.00
7/3/2026, 11:25:08 PM
2026-07-17
$15.00
7/3/2026, 11:25:08 PM
2026-07-24
$13.00
7/3/2026, 11:25:08 PM
2026-07-31
$11.00
7/3/2026, 11:25:08 PM
2026-08-21
$15.00
7/3/2026, 11:25:08 PM
2026-10-16
$12.50
7/3/2026, 11:25:08 PM
2027-01-15
$15.00
7/3/2026, 11:25:08 PM
Selected expiration: 2026-07-10 at max pain $14.00.
ODD pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
183250
183250
2
200
166950
167150
3
1400
150650
152050
4
2800
134350
137150
5
4400
118050
122450
6
6300
101750
108050
7
8300
85450
93750
8
10400
69150
79550
9
12700
52850
65550
10
15200
40650
55850
10.5
16450
35500
51950
11
17800
30400
48200
12
20600
21700
42300
13
23500
13000
36500
13.5
25000
9750
34750
14
26750
6500
33250
14.5
29000
4400
33400
15
32250
2300
34550
15.5
36650
2050
38700
17
49850
1600
51450
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.