Polestar Automotive Holding UK Close $20.44EOD only
Max Pain
$19.00
Next expiry Jul 17, 2026
Expected Move
±$3.25
15.9% from close
Price Gap
-1.44
Distance to max pain
IV Rank
8
Low premium
P/C OI
0.22
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects PSNY 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 — PSNY
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $19.00 (1.44 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$19.00
Nearest expiry
Expected Move
±$3.25
±15.9%
Days to Expiry
15
Calendar days
Total Call OI
281
Nearest expiry
Total Put OI
475
Nearest expiry
P/C OI Ratio
1.69
Put-heavy
Spot Price
$20.44
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
$20.00
5/15/2026, 11:30:42 PM
2026-06-18
$20.00
6/18/2026, 11:28:08 PM
2026-07-17NextUpdated
$19.00
7/3/2026, 11:24:22 PM
2026-08-21
$17.00
7/3/2026, 11:24:22 PM
2026-10-16
$28.00
7/3/2026, 11:24:22 PM
2027-01-15
$0.50
7/3/2026, 11:24:22 PM
Selected expiration: 2026-07-17 at max pain $19.00.
PSNY pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
521000
521000
4
0
474600
474600
7
0
339600
339600
8
0
295000
295000
10
0
206000
206000
11
100
174300
174400
12
200
143300
143500
13
500
112900
113400
14
800
85100
85900
15
1100
62100
63200
16
2500
43600
46100
17
3900
25800
29700
18
5300
11300
16600
19
10600
3400
14000
20
21800
1400
23200
21
37000
900
37900
22
53700
600
54300
23
71600
400
72000
24
90200
200
90400
25
111700
0
111700
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.