This page reflects OGN 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 — OGN
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $7.00 (6.55 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.00
Nearest expiry
Expected Move
±$0.47
±3.5%
Days to Expiry
15
Calendar days
Total Call OI
6,006
Nearest expiry
Total Put OI
2,759
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$13.55
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
$11.00
5/15/2026, 11:28:21 PM
2026-06-18
$9.00
6/18/2026, 11:23:53 PM
2026-07-17NextUpdated
$7.00
7/3/2026, 11:23:37 PM
2026-09-18
$7.50
7/3/2026, 11:23:37 PM
2026-10-16
$13.00
7/3/2026, 11:23:37 PM
2026-12-18
$11.00
7/3/2026, 11:23:37 PM
2027-01-15
$10.00
7/3/2026, 11:23:37 PM
Selected expiration: 2026-07-17 at max pain $7.00.
OGN pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
1426800
1426800
3
100
1150900
1151000
4
200
883800
884000
5
11000
627300
638300
6
23200
372900
396100
7
72000
240400
312400
8
185600
152700
338300
9
307500
85300
392800
10
568600
55000
623600
11
978900
34200
1013100
12
1413400
15100
1428500
13
1879000
2400
1881400
14
2405200
1100
2406300
15
2963000
800
2963800
16
3546600
500
3547100
17
4139400
200
4139600
18
4739400
0
4739400
20
5939400
0
5939400
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.