Koninklijke Philips N.V. NY RegClose $27.74EOD only
Max Pain
$27.00
Next expiry Jul 17, 2026
Expected Move
±$1.12
4.1% from close
Price Gap
-0.74
Distance to max pain
IV Rank
6
Low premium
P/C OI
0.47
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects PHG 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 — PHG
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $27.00 (0.74 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$27.00
Nearest expiry
Expected Move
±$1.12
±4.1%
Days to Expiry
15
Calendar days
Total Call OI
2,787
Nearest expiry
Total Put OI
2,131
Nearest expiry
P/C OI Ratio
0.76
Put-heavy
Spot Price
$27.74
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
$27.00
5/15/2026, 11:32:21 PM
2026-06-18
$25.00
6/18/2026, 11:31:16 PM
2026-07-17NextUpdated
$27.00
7/3/2026, 11:24:49 PM
2026-08-21
$27.00
7/3/2026, 11:24:49 PM
2026-10-16
$26.00
7/3/2026, 11:24:49 PM
2027-01-15
$27.00
7/3/2026, 11:24:49 PM
Selected expiration: 2026-07-17 at max pain $27.00.
PHG pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
19
0
1591500
1591500
20
0
1381000
1381000
21
1900
1172600
1174500
22
3800
964400
968200
23
5700
770100
775800
24
8700
579300
588000
25
11700
403800
415500
26
16100
250700
266800
27
63900
118400
182300
28
147300
55500
202800
29
275300
1200
276500
30
435000
800
435800
31
602000
600
602600
32
787100
500
787600
33
981100
400
981500
34
1250300
300
1250600
35
1520600
200
1520800
36
1798100
100
1798200
37
2076500
0
2076500
38
2354900
0
2354900
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.