This page reflects PINS 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 — PINS
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $19.50 (2.57 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$19.50
Nearest expiry
Expected Move
±$1.17
±5.3%
Days to Expiry
8
Calendar days
Total Call OI
4,296
Nearest expiry
Total Put OI
7,283
Nearest expiry
P/C OI Ratio
1.70
Put-heavy
Spot Price
$22.07
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
$20.00
6/26/2026, 11:26:47 PM
2026-07-02
$20.50
7/2/2026, 11:26:46 PM
2026-07-10NextUpdated
$19.50
7/3/2026, 11:25:26 PM
2026-07-17
$21.00
7/3/2026, 11:25:26 PM
2026-07-24
$20.50
7/3/2026, 11:25:26 PM
2026-07-31
$21.00
7/3/2026, 11:25:26 PM
2026-08-07
$19.00
7/3/2026, 11:25:26 PM
2026-08-21
$21.00
7/3/2026, 11:25:26 PM
2026-09-18
$22.00
7/3/2026, 11:25:26 PM
2026-11-20
$19.00
7/3/2026, 11:25:26 PM
2026-12-18
$20.00
7/3/2026, 11:25:26 PM
2027-01-15
$25.00
7/3/2026, 11:25:26 PM
2027-02-19
$17.00
7/3/2026, 11:25:26 PM
2027-03-19
$22.00
7/3/2026, 11:25:26 PM
2027-06-17
$20.00
7/3/2026, 11:25:26 PM
Selected expiration: 2026-07-10 at max pain $19.50.
PINS pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
14
0
3271250
3271250
16
200
1814650
1814850
16.5
300
1450500
1450800
17
400
1086900
1087300
17.5
500
848700
849200
18
750
614150
614900
18.5
1150
467350
468500
19
35350
326500
361850
19.5
97150
197850
295000
20
159800
145850
305650
20.5
226800
99800
326600
21
298100
56100
354200
21.5
402900
23900
426800
22
524350
10650
535000
22.5
662000
6000
668000
23
812300
3900
816200
23.5
985500
2150
987650
24
1170300
500
1170800
24.5
1365850
350
1366200
25
1566350
200
1566550
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.