What is OPEN max pain this week?

OPEN max pain for the nearest expiration (2026-07-10) is $4.50. Total call open interest: 40,266. Total put open interest: 15,687.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options OPENMax Pain

OPEN

Opendoor Technologies IncClose $4.90EOD only

Max Pain

$4.50

Next expiry Jul 10, 2026

Expected Move

±$0.47

9.6% from close

Price Gap

-0.40

Distance to max pain

IV Rank

Low premium

P/C OI

0.22

Slightly call-heavy

Consensus

6.0/10

Range bias

Published snapshot: Jul 2, 2026 close

End-of-day snapshot

This page reflects OPEN 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 — OPEN

Data as of market close Jul 2, 2026

Open Directional Report

Nearest listed expiration 2026-07-10 shows max pain at $4.50 (0.40 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$4.50

Nearest expiry

Expected Move

±$0.47

±9.6%

Days to Expiry

Calendar days

Total Call OI

40,266

Nearest expiry

Total Put OI

15,687

Nearest expiry

P/C OI Ratio

0.39

Put-heavy

Spot Price

$4.90

Published close

Consensus

6.0/10

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	$4.50	6/26/2026, 11:25:50 PM
2026-07-02	$4.50	7/2/2026, 11:23:29 PM
2026-07-10NextUpdated	$4.50	7/3/2026, 11:23:58 PM
2026-07-17	$4.50	7/3/2026, 11:23:58 PM
2026-07-24	$4.00	7/3/2026, 11:23:58 PM
2026-07-31	$4.50	7/3/2026, 11:23:58 PM
2026-08-07	$4.50	7/3/2026, 11:23:58 PM
2026-08-21	$5.00	7/3/2026, 11:23:58 PM
2026-09-18	$5.00	7/3/2026, 11:23:58 PM
2026-10-16	$4.00	7/3/2026, 11:23:58 PM
2026-11-20	$4.00	7/3/2026, 11:23:58 PM
2026-12-18	$4.00	7/3/2026, 11:23:58 PM
2027-01-15	$1.50	7/3/2026, 11:23:58 PM
2027-02-19	$4.00	7/3/2026, 11:23:58 PM

Selected expiration: 2026-07-10 at max pain $4.50.

OPEN pain by strike for 2026-07-10 expiration
Strike	Call Pain	Put Pain	Total Pain
1	0	4969250	4969250
1.5	150	4187400	4187550
2	1950	3405550	3407500
2.5	3850	2623700	2627550
3	5750	1847050	1852800
3.5	15650	1087100	1102750
4	34000	503650	537650
4.5	69900	195350	265250
5	281000	51750	332750
5.5	1311950	24850	1336800
6	2723800	12150	2735950
6.5	4391250	1900	4393150
7	6177200	1250	6178450
7.5	8054500	800	8055300
8	9949950	450	9950400
8.5	11907250	200	11907450
9	13884550	0	13884550
10	17911150	0	17911150

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.