This page reflects POET 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 — POET
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $10.50 (1.74 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.50
Nearest expiry
Expected Move
±$1.29
±14.8%
Days to Expiry
8
Calendar days
Total Call OI
32,799
Nearest expiry
Total Put OI
10,918
Nearest expiry
P/C OI Ratio
0.33
Put-heavy
Spot Price
$8.76
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
$11.50
6/26/2026, 11:25:09 PM
2026-07-02
$10.00
7/2/2026, 11:27:31 PM
2026-07-10NextUpdated
$10.50
7/3/2026, 11:27:48 PM
2026-07-17
$10.00
7/3/2026, 11:27:48 PM
2026-07-24
$10.50
7/3/2026, 11:27:48 PM
2026-07-31
$9.50
7/3/2026, 11:27:48 PM
2026-08-07
$9.50
7/3/2026, 11:27:48 PM
2026-08-21
$10.00
7/3/2026, 11:27:48 PM
2026-10-16
$8.00
7/3/2026, 11:27:48 PM
2026-11-20
$10.00
7/3/2026, 11:27:48 PM
2027-01-15
$5.00
7/3/2026, 11:27:48 PM
Selected expiration: 2026-07-10 at max pain $10.50.
POET pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
10161250
10161250
2
500
9069450
9069950
3
1500
7977650
7979150
4
2800
6885850
6888650
5
4700
5803350
5808050
6
6900
4721150
4728050
6.5
8350
4224450
4232800
7
9850
3728700
3738550
7.5
11900
3240300
3252200
8
14000
2764650
2778650
8.5
19650
2323700
2343350
9
28700
1903650
1932350
9.5
45050
1584300
1629350
10
186100
1308550
1494650
10.5
367300
1081950
1449250
11
617150
889850
1507000
11.5
914300
723100
1637400
12
1260750
566250
1827000
12.5
1645750
421500
2067250
13
2588450
288350
2876800
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.