This page reflects PATH 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 — PATH
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $11.00 (0.71 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$11.00
Nearest expiry
Expected Move
±$0.85
±7.3%
Days to Expiry
8
Calendar days
Total Call OI
14,158
Nearest expiry
Total Put OI
8,920
Nearest expiry
P/C OI Ratio
0.63
Put-heavy
Spot Price
$11.71
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
$10.50
6/26/2026, 11:25:18 PM
2026-07-02
$10.50
7/2/2026, 11:26:35 PM
2026-07-10NextUpdated
$11.00
7/3/2026, 11:22:55 PM
2026-07-17
$10.50
7/3/2026, 11:22:55 PM
2026-07-24
$10.50
7/3/2026, 11:22:55 PM
2026-07-31
$10.50
7/3/2026, 11:22:55 PM
2026-08-07
$7.50
7/3/2026, 11:22:55 PM
2026-08-21
$11.00
7/3/2026, 11:22:55 PM
2026-09-18
$12.00
7/3/2026, 11:22:55 PM
2026-11-20
$11.00
7/3/2026, 11:22:55 PM
2026-12-18
$10.00
7/3/2026, 11:22:55 PM
2027-01-15
$12.00
7/3/2026, 11:22:55 PM
2027-02-19
$11.00
7/3/2026, 11:22:55 PM
2027-03-19
$10.00
7/3/2026, 11:22:55 PM
Selected expiration: 2026-07-10 at max pain $11.00.
PATH pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
3988500
3988500
5.5
100
3542500
3542600
6
350
3096500
3096850
6.5
650
2650500
2651150
7
1000
2204500
2205500
8
1900
1312500
1314400
8.5
3500
866650
870150
9
5100
522800
527900
9.5
8200
362850
371050
10
12300
231200
243500
10.5
22050
129450
151500
11
46100
58050
104150
11.5
198150
27800
225950
12
416800
16800
433600
12.5
739850
9800
749650
13
1100650
7500
1108150
13.5
1702300
6150
1708450
14
2328700
5300
2334000
14.5
2970250
4550
2974800
15
3613250
3850
3617100
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.