This page reflects ORKA 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 — ORKA
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $70.00 (15.21 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$13.50
±15.8%
Days to Expiry
15
Calendar days
Total Call OI
467
Nearest expiry
Total Put OI
262
Nearest expiry
P/C OI Ratio
0.56
Put-heavy
Spot Price
$85.21
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
$65.00
5/15/2026, 11:26:53 PM
2026-06-18
$55.00
6/18/2026, 11:27:26 PM
2026-07-17NextUpdated
$70.00
7/3/2026, 11:26:12 PM
2026-08-21
$55.00
7/3/2026, 11:26:12 PM
2026-11-20
$45.00
7/3/2026, 11:26:12 PM
2026-12-18
$60.00
7/3/2026, 11:26:12 PM
2027-01-15
$75.00
7/3/2026, 11:26:12 PM
2027-02-19
$40.00
7/3/2026, 11:26:12 PM
2027-03-19
$55.00
7/3/2026, 11:26:12 PM
Selected expiration: 2026-07-17 at max pain $70.00.
ORKA pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
974500
974500
40
0
843500
843500
45
1000
713500
714500
50
2500
584000
586500
55
5500
457500
463000
60
9500
339500
349000
65
17000
224500
241500
70
61500
144000
205500
75
134500
82500
217000
80
226000
42000
268000
85
328000
8000
336000
90
439500
2500
442000
95
593500
1000
594500
100
790000
500
790500
105
1004500
0
1004500
110
1227500
0
1227500
120
1674500
0
1674500
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.