This page reflects RPD 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 — RPD
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $7.00 (2.29 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.00
Nearest expiry
Expected Move
±$1.20
±12.9%
Days to Expiry
15
Calendar days
Total Call OI
5,771
Nearest expiry
Total Put OI
635
Nearest expiry
P/C OI Ratio
0.11
Put-heavy
Spot Price
$9.29
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
$5.00
5/15/2026, 11:31:38 PM
2026-06-18
$6.00
6/18/2026, 11:34:13 PM
2026-07-17NextUpdated
$7.00
7/3/2026, 11:24:45 PM
2026-08-21
$7.00
7/3/2026, 11:24:45 PM
2026-11-20
$7.00
7/3/2026, 11:24:45 PM
2026-12-18
$8.00
7/3/2026, 11:24:45 PM
2027-01-15
$7.00
7/3/2026, 11:24:45 PM
2027-02-19
$5.00
7/3/2026, 11:24:45 PM
Selected expiration: 2026-07-17 at max pain $7.00.
RPD pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
369500
369500
2
300
306000
306300
3
700
242500
243200
4
1200
179000
180200
5
1700
115500
117200
6
2400
64200
66600
7
8300
22000
30300
8
47600
1300
48900
9
118000
0
118000
10
639400
0
639400
11
1209300
0
1209300
12
1782500
0
1782500
13
2358900
0
2358900
16
4089000
0
4089000
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.