This page reflects ROIV 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 — ROIV
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $30.00 (5.13 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$2.40
±6.8%
Days to Expiry
15
Calendar days
Total Call OI
1,005
Nearest expiry
Total Put OI
1,354
Nearest expiry
P/C OI Ratio
1.35
Put-heavy
Spot Price
$35.13
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
$23.00
5/15/2026, 11:32:01 PM
2026-06-18
$30.00
6/18/2026, 11:34:54 PM
2026-07-17NextUpdated
$30.00
7/3/2026, 11:29:21 PM
2026-08-21
$28.00
7/3/2026, 11:29:21 PM
2026-09-18
$32.00
7/3/2026, 11:29:21 PM
2026-11-20
$29.00
7/3/2026, 11:29:21 PM
2026-12-18
$25.00
7/3/2026, 11:29:21 PM
2027-01-15
$25.00
7/3/2026, 11:29:21 PM
Selected expiration: 2026-07-17 at max pain $30.00.
ROIV pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
1284400
1284400
24
2000
742800
744800
25
2500
607900
610400
26
3000
473600
476600
27
4000
340100
344100
28
5200
206900
212100
29
36700
104400
141100
30
69500
1900
71400
31
105300
500
105800
32
143100
300
143400
33
193100
200
193300
34
248200
100
248300
35
311800
0
311800
36
399100
0
399100
40
753500
0
753500
49
1653500
0
1653500
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.