What is PFE max pain this week?

PFE max pain for the nearest expiration (2026-07-10) is $24.00. Total call open interest: 24,051. Total put open interest: 13,285.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options PFEMax Pain

PFE

Pfizer, Inc.Close $24.32EOD only

Max Pain

$24.00

Next expiry Jul 10, 2026

Expected Move

±$0.59

2.4% from close

Price Gap

-0.32

Distance to max pain

IV Rank

Low premium

P/C OI

0.86

Slightly call-heavy

Consensus

4/4

Partial coverage

Published snapshot: Jul 2, 2026 close

End-of-day snapshot

This page reflects PFE 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 — PFE

Data as of market close Jul 2, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-07-10 shows max pain at $24.00 (0.32 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$24.00

Nearest expiry

Expected Move

±$0.59

±2.4%

Days to Expiry

Calendar days

Total Call OI

24,051

Nearest expiry

Total Put OI

13,285

Nearest expiry

P/C OI Ratio

0.55

Put-heavy

Spot Price

$24.32

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	$24.50	6/26/2026, 11:26:43 PM
2026-07-02	$24.00	7/2/2026, 11:26:07 PM
2026-07-10NextUpdated	$24.00	7/3/2026, 11:24:45 PM
2026-07-17	$25.00	7/3/2026, 11:24:45 PM
2026-07-24	$26.00	7/3/2026, 11:24:45 PM
2026-07-31	$25.00	7/3/2026, 11:24:45 PM
2026-08-07	$24.00	7/3/2026, 11:24:45 PM
2026-08-21	$25.00	7/3/2026, 11:24:45 PM
2026-09-18	$25.00	7/3/2026, 11:24:45 PM
2026-10-16	$25.00	7/3/2026, 11:24:45 PM
2026-11-20	$25.00	7/3/2026, 11:24:45 PM
2026-12-18	$26.00	7/3/2026, 11:24:45 PM
2027-01-15	$27.00	7/3/2026, 11:24:45 PM
2027-03-19	$27.00	7/3/2026, 11:24:45 PM
2027-06-17	$25.00	7/3/2026, 11:24:45 PM

Selected expiration: 2026-07-10 at max pain $24.00.

PFE pain by strike for 2026-07-10 expiration
Strike	Call Pain	Put Pain	Total Pain
15	0	12191750	12191750
16	2000	10863250	10865250
17	6000	9534750	9540750
18	10100	8206250	8216350
20	18700	5549250	5567950
21	23300	4221850	4245150
21.5	25600	3559050	3584650
22	28250	2896250	2924500
22.5	31150	2233800	2264950
23	34050	1582800	1616850
23.5	49750	972700	1022450
24	130500	430300	560800
24.5	442250	193050	635300
25	958350	1450	959800
25.5	1754950	800	1755750
26	2642400	350	2642750
26.5	3703900	250	3704150
27	4779650	200	4779850
28	7048150	100	7048250
28.5	8238850	50	8238900

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.