This page reflects RMD 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 — RMD
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $210.00 (0.37 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$210.00
Nearest expiry
Expected Move
±$9.10
±4.3%
Days to Expiry
15
Calendar days
Total Call OI
1,770
Nearest expiry
Total Put OI
5,555
Nearest expiry
P/C OI Ratio
3.14
Put-heavy
Spot Price
$209.63
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
$210.00
5/15/2026, 11:34:20 PM
2026-06-18
$190.00
6/18/2026, 11:34:12 PM
2026-07-17NextUpdated
$210.00
7/3/2026, 11:25:44 PM
2026-08-21
$190.00
7/3/2026, 11:25:44 PM
2026-09-18
$195.00
7/3/2026, 11:25:44 PM
2026-10-16
$195.00
7/3/2026, 11:25:44 PM
2027-01-15
$230.00
7/3/2026, 11:25:44 PM
Selected expiration: 2026-07-17 at max pain $210.00.
RMD pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
145
0
28777500
28777500
150
3000
26002000
26005000
155
6000
23229000
23235000
160
9500
20457500
20467000
165
13000
17689000
17702000
170
16500
14932000
14948500
175
20000
12212500
12232500
180
23500
9514500
9538000
185
31500
6888500
6920000
190
41500
4307500
4349000
195
55500
1800000
1855500
200
87000
458000
545000
210
238000
133000
371000
220
584000
53000
637000
230
1427000
26000
1453000
240
2358000
14000
2372000
250
3294000
4000
3298000
260
4330000
2000
4332000
270
5400000
0
5400000
280
6492000
0
6492000
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.