This page reflects Q 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 — Q
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $155.00 (13.25 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$155.00
Nearest expiry
Expected Move
±$16.95
±12.0%
Days to Expiry
15
Calendar days
Total Call OI
11,296
Nearest expiry
Total Put OI
3,580
Nearest expiry
P/C OI Ratio
0.32
Put-heavy
Spot Price
$141.75
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
$110.00
5/15/2026, 11:32:53 PM
2026-06-18
$135.00
6/18/2026, 11:29:23 PM
2026-07-17NextUpdated
$155.00
7/3/2026, 11:25:11 PM
2026-08-21
$115.00
7/3/2026, 11:25:11 PM
2026-09-18
$150.00
7/3/2026, 11:25:11 PM
2026-10-16
$135.00
7/3/2026, 11:25:11 PM
2026-11-20
$130.00
7/3/2026, 11:25:11 PM
2026-12-18
$150.00
7/3/2026, 11:25:11 PM
2027-02-19
$145.00
7/3/2026, 11:25:11 PM
2027-05-21
$105.00
7/3/2026, 11:25:11 PM
Selected expiration: 2026-07-17 at max pain $155.00.
Q pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
75
0
23892500
23892500
90
0
18542000
18542000
95
0
16759000
16759000
100
500
14982000
14982500
105
1500
13208500
13210000
110
4000
11436500
11440500
115
30000
9702500
9732500
120
56500
8012000
8068500
125
84500
6364500
6449000
130
118500
5198500
5317000
135
154000
4089000
4243000
140
194000
3037000
3231000
145
299500
2060000
2359500
150
428000
1431500
1859500
155
765000
915000
1680000
160
1155000
528000
1683000
165
1669000
370500
2039500
170
2337500
261000
2598500
175
3154000
165000
3319000
180
4815500
120000
4935500
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.