Principal Financial Group IncClose $110.87EOD only
Max Pain
$105.00
Next expiry Jul 17, 2026
Expected Move
±$4.00
3.6% from close
Price Gap
-5.87
Distance to max pain
IV Rank
82
High premium
P/C OI
1.32
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects PFG 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 — PFG
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $105.00 (5.87 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$105.00
Nearest expiry
Expected Move
±$4.00
±3.6%
Days to Expiry
15
Calendar days
Total Call OI
1,537
Nearest expiry
Total Put OI
2,549
Nearest expiry
P/C OI Ratio
1.66
Put-heavy
Spot Price
$110.87
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
$95.00
5/15/2026, 11:31:33 PM
2026-06-18
$100.00
6/18/2026, 11:25:10 PM
2026-07-17NextUpdated
$105.00
7/3/2026, 11:25:04 PM
2026-08-21
$105.00
7/3/2026, 11:25:04 PM
2026-10-16
$90.00
7/3/2026, 11:25:04 PM
2027-01-15
$95.00
7/3/2026, 11:25:04 PM
Selected expiration: 2026-07-17 at max pain $105.00.
PFG pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
11886500
11886500
45
500
10613000
10613500
50
1000
9341000
9342000
55
1500
8069500
8071000
60
2000
6800000
6802000
65
2500
5531000
5533500
70
33000
4270000
4303000
75
64000
3512000
3576000
80
95000
2764000
2859000
85
130000
2023000
2153000
90
168500
1349500
1518000
95
233500
686000
919500
100
320500
200500
521000
105
481500
11000
492500
110
908500
0
908500
115
1535000
0
1535000
120
2286500
0
2286500
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.