This page reflects SBET 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 — SBET
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $5.00 (0.31 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$5.00
Nearest expiry
Expected Move
±$0.59
±11.2%
Days to Expiry
8
Calendar days
Total Call OI
8,674
Nearest expiry
Total Put OI
7,039
Nearest expiry
P/C OI Ratio
0.81
Put-heavy
Spot Price
$5.31
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$5.00
6/26/2026, 11:28:25 PM
2026-07-02
$5.50
7/2/2026, 11:30:02 PM
2026-07-10NextUpdated
$5.00
7/3/2026, 11:26:15 PM
2026-07-17
$8.00
7/3/2026, 11:26:15 PM
2026-07-24
$5.00
7/3/2026, 11:26:15 PM
2026-07-31
$5.00
7/3/2026, 11:26:15 PM
2026-08-07
$4.50
7/3/2026, 11:26:15 PM
2026-08-21
$5.00
7/3/2026, 11:26:15 PM
2026-09-18
$6.00
7/3/2026, 11:26:15 PM
2026-10-16
$7.00
7/3/2026, 11:26:15 PM
2027-01-15
$10.00
7/3/2026, 11:26:15 PM
Selected expiration: 2026-07-10 at max pain $5.00.
SBET pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
2750800
2750800
1
50
2398850
2398900
2
250
1694950
1695200
2.5
600
1343000
1343600
3
1000
991050
992050
3.5
1600
639100
640700
4
2300
287300
289600
4.5
3150
75950
79100
5
19500
21050
40550
5.5
59200
13000
72200
6
265200
6700
271900
6.5
500650
3800
504450
7
783400
2500
785900
7.5
1184650
1500
1186150
8
1589050
900
1589950
8.5
2010650
650
2011300
9
2432700
450
2433150
9.5
2855250
300
2855550
10
3278050
150
3278200
10.5
3711550
0
3711550
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.