This page reflects PDYN 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 — PDYN
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $6.00 (0.16 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$6.00
Nearest expiry
Expected Move
±$0.95
±16.3%
Days to Expiry
15
Calendar days
Total Call OI
7,937
Nearest expiry
Total Put OI
3,996
Nearest expiry
P/C OI Ratio
0.50
Put-heavy
Spot Price
$5.84
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
$6.00
5/15/2026, 11:30:41 PM
2026-06-18
$7.00
6/18/2026, 11:25:29 PM
2026-07-17NextUpdated
$6.00
7/3/2026, 11:21:56 PM
2026-08-21
$6.00
7/3/2026, 11:21:56 PM
2026-10-16
$6.00
7/3/2026, 11:21:56 PM
2026-11-20
$7.00
7/3/2026, 11:21:56 PM
2027-01-15
$5.00
7/3/2026, 11:21:56 PM
Selected expiration: 2026-07-17 at max pain $6.00.
PDYN pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
1808500
1808500
2
0
1409500
1409500
3
200
1013700
1013900
4
400
622700
623100
5
2500
259900
262400
6
41700
88600
130300
7
126300
27900
154200
8
348800
7200
356000
9
678400
2500
680900
10
1128900
300
1129200
11
1826500
100
1826600
12
2539900
0
2539900
13
3263000
0
3263000
14
3989200
0
3989200
15
4726100
0
4726100
16
5472200
0
5472200
17
6221500
0
6221500
18
6971400
0
6971400
19
7764000
0
7764000
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.