Nearest listed expiration 2026-07-10 shows max pain at $122.00 (7.30 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$122.00
Nearest expiry
Expected Move
±$7.57
±5.9%
Days to Expiry
8
Calendar days
Total Call OI
108,867
Nearest expiry
Total Put OI
68,217
Nearest expiry
P/C OI Ratio
0.63
Put-heavy
Spot Price
$129.30
Published close
Consensus
6.5/10
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
$112.00
6/26/2026, 11:25:20 PM
2026-07-02
$115.00
7/2/2026, 11:27:31 PM
2026-07-10NextUpdated
$122.00
7/3/2026, 11:24:29 PM
2026-07-17
$128.00
7/3/2026, 11:24:29 PM
2026-07-24
$123.00
7/3/2026, 11:24:29 PM
2026-07-31
$120.00
7/3/2026, 11:24:29 PM
2026-08-07
$120.00
7/3/2026, 11:24:29 PM
2026-08-21
$130.00
7/3/2026, 11:24:29 PM
2026-09-18
$140.00
7/3/2026, 11:24:29 PM
2026-10-16
$130.00
7/3/2026, 11:24:29 PM
2026-11-20
$150.00
7/3/2026, 11:24:29 PM
2026-12-18
$120.00
7/3/2026, 11:24:29 PM
2027-01-15
$120.00
7/3/2026, 11:24:29 PM
2027-02-19
$120.00
7/3/2026, 11:24:29 PM
2027-03-19
$130.00
7/3/2026, 11:24:29 PM
2027-06-17
$115.00
7/3/2026, 11:24:29 PM
Selected expiration: 2026-07-10 at max pain $122.00.
PLTR pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
399415850
399415850
60
1000
332722850
332723850
65
35500
299493350
299528850
70
71500
266415850
266487350
75
110000
233541350
233651350
80
150500
202138350
202288850
85
200000
171278350
171478350
88
236600
153244750
153481350
90
261000
141282750
141543750
92
293800
129674350
129968150
93
310200
123875950
124186150
94
326600
118094450
118421050
95
343100
112425850
112768950
96
363000
106819850
107182850
97
382900
101224850
101607750
98
411100
95638450
96049550
99
439500
90063850
90503350
100
468000
84512650
84980650
101
509400
79198350
79707750
102
551100
73979650
74530750
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.