This page reflects ONON 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 — ONON
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $36.50 (0.33 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$36.50
Nearest expiry
Expected Move
±$1.71
±4.6%
Days to Expiry
8
Calendar days
Total Call OI
1,011
Nearest expiry
Total Put OI
3,125
Nearest expiry
P/C OI Ratio
3.09
Put-heavy
Spot Price
$36.83
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
$36.00
6/26/2026, 11:23:43 PM
2026-07-02
$36.00
7/2/2026, 11:25:20 PM
2026-07-10NextUpdated
$36.50
7/3/2026, 11:21:44 PM
2026-07-17
$37.50
7/3/2026, 11:21:44 PM
2026-07-24
$38.00
7/3/2026, 11:21:44 PM
2026-07-31
$37.00
7/3/2026, 11:21:44 PM
2026-08-07
$35.00
7/3/2026, 11:21:44 PM
2026-08-21
$30.00
7/3/2026, 11:21:44 PM
2026-09-18
$40.00
7/3/2026, 11:21:44 PM
2026-10-16
$40.00
7/3/2026, 11:21:44 PM
2026-12-18
$40.00
7/3/2026, 11:21:44 PM
2027-01-15
$40.00
7/3/2026, 11:21:44 PM
2027-03-19
$37.50
7/3/2026, 11:21:44 PM
2027-06-17
$30.00
7/3/2026, 11:21:44 PM
Selected expiration: 2026-07-10 at max pain $36.50.
ONON pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
905550
905550
31
400
593550
593950
32
800
287350
288150
33
5000
214350
219350
33.5
7150
187650
194800
34
9300
161450
170750
35
16400
114850
131250
35.5
25150
93300
118450
36
34400
73650
108050
36.5
47450
57050
104500
37
68200
45600
113800
37.5
92450
36400
128850
38
119450
28500
147950
38.5
149550
21800
171350
39
181450
15100
196550
39.5
216450
10600
227050
40
253750
6100
259850
40.5
299150
3050
302200
41
344750
0
344750
42
437050
0
437050
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.