thetaOwl

PLUG

Plug Power, Inc.Close $2.64EOD only
Max Pain
$2.50
Next expiry Jul 10, 2026
Expected Move
±$0.22
8.3% from close
Price Gap
-0.14
Distance to max pain
IV Rank
11
Low premium
P/C OI
0.26
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 6, 2026 close
End-of-day snapshot

This page reflects PLUG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jul 6, 2026 close
Max Pain — PLUG
Data as of market close Jul 6, 2026

Nearest listed expiration 2026-07-10 shows max pain at $2.50 (0.14 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$2.50
Nearest expiry
Expected Move
±$0.22
±8.3%
Days to Expiry
4
Calendar days
Total Call OI
18,005
Nearest expiry
Total Put OI
4,650
Nearest expiry
P/C OI Ratio
0.26
Put-heavy
Spot Price
$2.64
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$2.506/26/2026, 11:25:10 PM
2026-07-02$2.507/2/2026, 11:25:26 PM
2026-07-10NextUpdated$2.507/6/2026, 11:27:51 PM
2026-07-17$3.007/6/2026, 11:27:51 PM
2026-07-24$2.507/6/2026, 11:27:51 PM
2026-07-31$2.507/6/2026, 11:27:51 PM
2026-08-07$2.507/6/2026, 11:27:51 PM
2026-08-14$0.507/6/2026, 11:27:51 PM
2026-08-21$2.507/6/2026, 11:27:51 PM
2026-09-18$3.007/6/2026, 11:27:51 PM
2026-12-18$3.007/6/2026, 11:27:51 PM
2027-01-15$1.507/6/2026, 11:27:51 PM
Selected expiration: 2026-07-10 at max pain $2.50.
PLUG pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
0.50991350991350
1300758900759200
1.5750526550527300
21400294200295600
2.56000122800128800
38755041500129050
3.570900019100728100
41482750135501496300
4.5232675086002335350
5318915036503192800
5.540616001004061700
64945450504945500
6.5583145005831450
7671965006719650
7.5760825007608250
8849875008498750
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.