Paylocity Holding CorporationClose $115.10EOD only
Max Pain
$110.00
Next expiry Jul 17, 2026
Expected Move
±$4.20
3.6% from close
Price Gap
-5.10
Distance to max pain
IV Rank
8
Low premium
P/C OI
0.60
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects PCTY 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 — PCTY
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $110.00 (5.10 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$110.00
Nearest expiry
Expected Move
±$4.20
±3.6%
Days to Expiry
15
Calendar days
Total Call OI
128
Nearest expiry
Total Put OI
88
Nearest expiry
P/C OI Ratio
0.69
Put-heavy
Spot Price
$115.10
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
$120.00
5/15/2026, 11:31:08 PM
2026-06-18
$105.00
6/18/2026, 11:24:53 PM
2026-07-17NextUpdated
$110.00
7/3/2026, 11:25:49 PM
2026-08-21
$110.00
7/3/2026, 11:25:49 PM
2026-11-20
$110.00
7/3/2026, 11:25:49 PM
2027-02-19
$125.00
7/3/2026, 11:25:49 PM
Selected expiration: 2026-07-17 at max pain $110.00.
PCTY pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
357500
357500
60
0
314000
314000
65
0
271500
271500
70
0
230000
230000
75
0
189000
189000
80
0
149500
149500
85
0
113000
113000
90
0
79500
79500
95
0
49000
49000
100
500
24500
25000
105
2000
6500
8500
110
4500
0
4500
115
13000
0
13000
120
29000
0
29000
125
53000
0
53000
130
84500
0
84500
135
121000
0
121000
140
166000
0
166000
145
216500
0
216500
150
272000
0
272000
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.