Raymond James Financial, Inc.Close $162.66EOD only
Max Pain
$150.00
Next expiry Jul 17, 2026
Expected Move
±$2.30
1.4% from close
Price Gap
-12.66
Distance to max pain
IV Rank
4
Low premium
P/C OI
0.35
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects RJF 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 — RJF
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $150.00 (12.66 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$150.00
Nearest expiry
Expected Move
±$2.30
±1.4%
Days to Expiry
15
Calendar days
Total Call OI
1,095
Nearest expiry
Total Put OI
910
Nearest expiry
P/C OI Ratio
0.83
Put-heavy
Spot Price
$162.66
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
$155.00
5/15/2026, 11:30:24 PM
2026-06-18
$150.00
6/18/2026, 11:30:45 PM
2026-07-17NextUpdated
$150.00
7/3/2026, 11:25:37 PM
2026-08-21
$150.00
7/3/2026, 11:25:37 PM
2026-09-18
$145.00
7/3/2026, 11:25:37 PM
2026-11-20
$150.00
7/3/2026, 11:25:37 PM
2027-01-15
$150.00
7/3/2026, 11:25:37 PM
2027-02-19
$135.00
7/3/2026, 11:25:37 PM
Selected expiration: 2026-07-17 at max pain $150.00.
RJF pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
90
0
4641500
4641500
105
0
3281000
3281000
115
0
2396000
2396000
120
0
1964500
1964500
125
0
1537500
1537500
130
0
1117500
1117500
135
0
712500
712500
140
500
316000
316500
145
3000
127000
130000
150
15000
49500
64500
155
47500
21000
68500
160
97500
0
97500
165
337500
0
337500
170
791500
0
791500
175
1296000
0
1296000
180
1813000
0
1813000
185
2350000
0
2350000
190
2887000
0
2887000
200
3982000
0
3982000
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.