This page reflects RS 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 — RS
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $360.00 (12.01 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$360.00
Nearest expiry
Expected Move
±$16.70
±4.5%
Days to Expiry
15
Calendar days
Total Call OI
88
Nearest expiry
Total Put OI
27
Nearest expiry
P/C OI Ratio
0.31
Put-heavy
Spot Price
$372.01
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
$350.00
5/15/2026, 11:32:45 PM
2026-06-18
$340.00
6/18/2026, 11:29:45 PM
2026-07-17NextUpdated
$360.00
7/3/2026, 11:24:54 PM
2026-08-21
$350.00
7/3/2026, 11:24:54 PM
2026-09-18
$270.00
7/3/2026, 11:24:54 PM
2026-10-16
$290.00
7/3/2026, 11:24:54 PM
2026-11-20
$330.00
7/3/2026, 11:24:54 PM
2026-12-18
$210.00
7/3/2026, 11:24:54 PM
2027-03-19
$210.00
7/3/2026, 11:24:54 PM
Selected expiration: 2026-07-17 at max pain $360.00.
RS pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
290
0
96000
96000
300
0
70000
70000
310
0
45000
45000
320
0
33000
33000
330
0
24000
24000
340
0
16000
16000
350
0
10000
10000
360
3000
6000
9000
370
8000
3000
11000
380
14000
2000
16000
390
27000
1000
28000
400
41000
0
41000
410
63000
0
63000
420
125000
0
125000
430
197000
0
197000
460
458000
0
458000
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.