This page reflects RF 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 — RF
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $29.00 (1.28 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$29.00
Nearest expiry
Expected Move
±$1.62
±5.4%
Days to Expiry
15
Calendar days
Total Call OI
5,440
Nearest expiry
Total Put OI
1,388
Nearest expiry
P/C OI Ratio
0.26
Put-heavy
Spot Price
$30.28
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
$28.00
5/15/2026, 11:33:23 PM
2026-06-18
$27.00
6/18/2026, 11:30:40 PM
2026-07-17NextUpdated
$29.00
7/3/2026, 11:26:37 PM
2026-08-21
$28.00
7/3/2026, 11:26:37 PM
2026-09-18
$27.00
7/3/2026, 11:26:37 PM
2026-11-20
$27.00
7/3/2026, 11:26:37 PM
2026-12-18
$27.00
7/3/2026, 11:26:37 PM
2027-01-15
$27.00
7/3/2026, 11:26:37 PM
2027-02-19
$20.00
7/3/2026, 11:26:37 PM
2027-03-19
$27.00
7/3/2026, 11:26:37 PM
2027-06-17
$27.00
7/3/2026, 11:26:37 PM
Selected expiration: 2026-07-17 at max pain $29.00.
RF pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
19
0
1133800
1133800
20
0
995400
995400
21
0
857500
857500
22
0
720700
720700
23
0
584600
584600
24
0
476700
476700
25
0
370300
370300
26
0
269000
269000
27
500
171800
172300
28
4200
83700
87900
29
29500
2800
32300
30
86700
0
86700
31
298200
0
298200
32
551200
0
551200
33
1091400
0
1091400
34
1634200
0
1634200
35
2178100
0
2178100
36
2722100
0
2722100
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.