This page reflects SIG 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 — SIG
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $83.00 (1.12 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$83.00
Nearest expiry
Expected Move
±$4.75
±5.7%
Days to Expiry
8
Calendar days
Total Call OI
300
Nearest expiry
Total Put OI
245
Nearest expiry
P/C OI Ratio
0.82
Put-heavy
Spot Price
$84.12
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
$84.00
6/26/2026, 11:30:58 PM
2026-07-02
$85.00
7/2/2026, 11:31:44 PM
2026-07-10NextUpdated
$83.00
7/3/2026, 11:27:05 PM
2026-07-17
$80.00
7/3/2026, 11:27:05 PM
2026-07-24
$85.00
7/3/2026, 11:27:05 PM
2026-07-31
$76.00
7/3/2026, 11:27:05 PM
2026-08-07
$74.00
7/3/2026, 11:27:05 PM
2026-08-21
$85.00
7/3/2026, 11:27:05 PM
2026-10-16
$95.00
7/3/2026, 11:27:05 PM
2027-01-15
$80.00
7/3/2026, 11:27:05 PM
Selected expiration: 2026-07-10 at max pain $83.00.
SIG pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
428800
428800
65
0
306800
306800
70
0
201300
201300
72
0
162500
162500
73
0
143300
143300
74
0
124200
124200
75
0
105300
105300
76
0
86500
86500
80
0
11700
11700
81
700
9000
9700
82
1600
7300
8900
83
2800
5600
8400
84
4300
4400
8700
85
6000
3500
9500
86
8100
2700
10800
87
10700
1900
12600
88
31900
1600
33500
90
79300
1000
80300
91
105700
700
106400
92
133900
500
134400
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.