This page reflects POWL 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 — POWL
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $280.00 (33.67 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$280.00
Nearest expiry
Expected Move
±$31.20
±12.7%
Days to Expiry
15
Calendar days
Total Call OI
3,412
Nearest expiry
Total Put OI
4,433
Nearest expiry
P/C OI Ratio
1.30
Put-heavy
Spot Price
$246.33
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
$146.67
5/15/2026, 11:33:34 PM
2026-06-18
$280.00
6/18/2026, 11:29:12 PM
2026-07-17NextUpdated
$280.00
7/3/2026, 11:27:32 PM
2026-08-21
$250.00
7/3/2026, 11:27:32 PM
2026-11-20
$300.00
7/3/2026, 11:27:32 PM
2026-12-18
$130.00
7/3/2026, 11:27:32 PM
2027-02-19
$150.00
7/3/2026, 11:27:32 PM
Selected expiration: 2026-07-17 at max pain $280.00.
POWL pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
95
0
65579500
65579500
110
0
58930000
58930000
130
0
50124000
50124000
135
0
47929500
47929500
140
0
45736000
45736000
145
0
43544000
43544000
150
0
41352500
41352500
155
0
39168000
39168000
160
500
36989500
36990000
165
1000
34814000
34815000
170
3000
32639000
32642000
175
5500
30470500
30476000
180
8000
28316000
28324000
185
12000
26180500
26192500
190
16000
24069500
24085500
195
20500
21987500
22008000
200
25000
20148000
20173000
210
38000
16532000
16570000
220
61000
13069000
13130000
230
97000
9696000
9793000
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.