This page reflects ON 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 — ON
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $104.00 (12.78 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$104.00
Nearest expiry
Expected Move
±$8.10
±8.9%
Days to Expiry
8
Calendar days
Total Call OI
5,050
Nearest expiry
Total Put OI
6,492
Nearest expiry
P/C OI Ratio
1.29
Put-heavy
Spot Price
$91.22
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
$120.00
6/26/2026, 11:24:21 PM
2026-07-02
$93.00
7/2/2026, 11:25:12 PM
2026-07-10NextUpdated
$104.00
7/3/2026, 11:22:32 PM
2026-07-17
$105.00
7/3/2026, 11:22:32 PM
2026-07-24
$100.00
7/3/2026, 11:22:32 PM
2026-07-31
$99.00
7/3/2026, 11:22:32 PM
2026-08-07
$95.00
7/3/2026, 11:22:32 PM
2026-08-21
$110.00
7/3/2026, 11:22:32 PM
2026-09-18
$85.00
7/3/2026, 11:22:32 PM
2026-10-16
$95.00
7/3/2026, 11:22:32 PM
2026-12-18
$80.00
7/3/2026, 11:22:32 PM
2027-01-15
$65.00
7/3/2026, 11:22:32 PM
2027-02-19
$80.00
7/3/2026, 11:22:32 PM
2027-03-19
$105.00
7/3/2026, 11:22:32 PM
2027-05-21
$125.00
7/3/2026, 11:22:32 PM
2027-06-17
$90.00
7/3/2026, 11:22:32 PM
Selected expiration: 2026-07-10 at max pain $104.00.
ON pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
23724600
23724600
70
500
20478600
20479100
75
2000
17256600
17258600
80
3500
14084100
14087600
83
9200
12350400
12359600
84
11100
11775800
11786900
85
13000
11206600
11219600
86
16100
10655000
10671100
87
19300
10112300
10131600
88
22500
9586200
9608700
89
26700
9060100
9086800
90
31900
8536500
8568400
91
55900
8112800
8168700
92
83300
7739400
7822700
93
114700
7368900
7483600
94
155900
7000200
7156100
95
208400
6640000
6848400
96
296000
6291200
6587200
97
394400
5942400
6336800
98
501500
5594900
6096400
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.