Nearest listed expiration 2026-07-10 shows max pain at $155.00 (14.73 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$155.00
Nearest expiry
Expected Move
±$9.07
±6.5%
Days to Expiry
8
Calendar days
Total Call OI
53,970
Nearest expiry
Total Put OI
33,963
Nearest expiry
P/C OI Ratio
0.63
Put-heavy
Spot Price
$140.27
Published close
Consensus
5.5/10
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
$160.00
6/26/2026, 11:23:34 PM
2026-07-02
$147.00
7/2/2026, 11:24:07 PM
2026-07-10NextUpdated
$155.00
7/3/2026, 11:21:01 PM
2026-07-17
$175.00
7/3/2026, 11:21:01 PM
2026-07-24
$167.50
7/3/2026, 11:21:01 PM
2026-07-31
$160.00
7/3/2026, 11:21:01 PM
2026-08-07
$145.00
7/3/2026, 11:21:01 PM
2026-08-21
$180.00
7/3/2026, 11:21:01 PM
2026-09-18
$190.00
7/3/2026, 11:21:01 PM
2026-10-16
$185.00
7/3/2026, 11:21:01 PM
2026-11-20
$180.00
7/3/2026, 11:21:01 PM
2026-12-18
$195.00
7/3/2026, 11:21:01 PM
2027-01-15
$190.00
7/3/2026, 11:21:01 PM
2027-03-19
$190.00
7/3/2026, 11:21:01 PM
2027-06-17
$190.00
7/3/2026, 11:21:01 PM
Selected expiration: 2026-07-10 at max pain $155.00.
ORCL pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
95
0
165946350
165946350
100
10500
149425350
149435850
105
21000
132915350
132936350
110
35500
116489350
116524850
115
54000
100104850
100158850
120
76500
84124850
84201350
124
112500
74120050
74232550
125
121500
71643750
71765250
126
139000
69246650
69385650
128
174000
64474250
64648250
129
191500
62095850
62287350
130
209000
59733250
59942250
131
240700
57420050
57660750
132
272400
55122450
55394850
133
304100
52902450
53206550
134
335800
50726050
51061850
135
367500
48575650
48943150
136
402000
46545150
46947150
137
436500
44529250
44965750
138
471000
42590650
43061650
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.