thetaOwl

PG

Procter & Gamble Company (The)Close $151.41EOD only
Max Pain
$146.00
Next expiry Jul 10, 2026
Expected Move
±$3.74
2.5% from close
Price Gap
-5.41
Distance to max pain
IV Rank
28
Middle-high premium
P/C OI
0.67
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects PG 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 — PG
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $146.00 (5.41 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$146.00
Nearest expiry
Expected Move
±$3.74
±2.5%
Days to Expiry
8
Calendar days
Total Call OI
8,731
Nearest expiry
Total Put OI
4,030
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$151.41
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$150.006/26/2026, 11:26:49 PM
2026-07-02$147.007/2/2026, 11:26:55 PM
2026-07-10NextUpdated$146.007/3/2026, 11:26:50 PM
2026-07-17$149.007/3/2026, 11:26:50 PM
2026-07-24$150.007/3/2026, 11:26:50 PM
2026-07-31$148.007/3/2026, 11:26:50 PM
2026-08-07$150.007/3/2026, 11:26:50 PM
2026-08-21$145.007/3/2026, 11:26:50 PM
2026-09-18$145.007/3/2026, 11:26:50 PM
2026-10-16$145.007/3/2026, 11:26:50 PM
2026-11-20$140.007/3/2026, 11:26:50 PM
2026-12-18$145.007/3/2026, 11:26:50 PM
2027-01-15$150.007/3/2026, 11:26:50 PM
2027-03-19$145.007/3/2026, 11:26:50 PM
2027-06-17$145.007/3/2026, 11:26:50 PM
Selected expiration: 2026-07-10 at max pain $146.00.
PG pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
120094280509428050
125074130507413050
129058114505811450
13010054110505411150
13130050119505012250
13260046271504627750
133170042432504244950
134300038598503862850
135440034874503491850
136580031337503139550
137760027828502790450
138940024401502449550
1391120021135502124750
1401350018045501818050
1416800015312501599250
14216620012589501425150
14329570010100501305750
1444266007868501213450
1455581005767501134850
1466940004405501134550
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.