thetaOwl

RACE

Ferrari N.V.Close $384.97EOD only
Max Pain
$345.00
Next expiry Jul 10, 2026
Expected Move
±$7.25
1.9% from close
Price Gap
-39.97
Distance to max pain
IV Rank
17
Low premium
P/C OI
1.16
Slightly put-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects RACE 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 — RACE
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $345.00 (39.97 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$345.00
Nearest expiry
Expected Move
±$7.25
±1.9%
Days to Expiry
8
Calendar days
Total Call OI
403
Nearest expiry
Total Put OI
23
Nearest expiry
P/C OI Ratio
0.06
Put-heavy
Spot Price
$384.97
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$350.006/26/2026, 11:27:04 PM
2026-07-02$347.507/2/2026, 11:28:09 PM
2026-07-10NextUpdated$345.007/3/2026, 11:27:31 PM
2026-07-17$360.007/3/2026, 11:27:31 PM
2026-07-24$345.007/3/2026, 11:27:31 PM
2026-07-31$350.007/3/2026, 11:27:31 PM
2026-08-21$350.007/3/2026, 11:27:31 PM
2026-09-18$350.007/3/2026, 11:27:31 PM
2026-10-16$380.007/3/2026, 11:27:31 PM
2026-11-20$350.007/3/2026, 11:27:31 PM
2026-12-18$370.007/3/2026, 11:27:31 PM
2027-02-19$360.007/3/2026, 11:27:31 PM
2027-06-17$390.007/3/2026, 11:27:31 PM
Selected expiration: 2026-07-10 at max pain $345.00.
RACE pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
32004350043500
33002150021500
33515001350015000
3403000750010500
342.5375052509000
345450032507750
347.5750020009500
35010500125011750
3602250025022750
362.565750065750
3651100000110000
3702005000200500
3752955000295500
3803925000392500
3855465000546500
3907195000719500
3959120000912000
405129900001299000
410149750001497500
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.