This page reflects SKE 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 — SKE
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $30.00 (1.30 above 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
±$2.38
±8.3%
Days to Expiry
15
Calendar days
Total Call OI
8,438
Nearest expiry
Total Put OI
4,784
Nearest expiry
P/C OI Ratio
0.57
Put-heavy
Spot Price
$28.70
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
$22.50
5/15/2026, 11:37:19 PM
2026-06-18
$30.00
6/18/2026, 11:30:47 PM
2026-07-17NextUpdated
$30.00
7/3/2026, 11:31:18 PM
2026-08-21
$30.00
7/3/2026, 11:31:18 PM
2026-10-16
$30.00
7/3/2026, 11:31:18 PM
2027-01-15
$27.50
7/3/2026, 11:31:18 PM
Selected expiration: 2026-07-17 at max pain $30.00.
SKE pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
11446250
11446250
10
0
7858250
7858250
12.5
1000
6662250
6663250
15
4000
5466750
5470750
17.5
44250
4274500
4318750
20
112500
3089750
3202250
22.5
197250
1973750
2171000
25
341750
947250
1289000
27.5
635250
488000
1123250
30
991250
121250
1112500
32.5
1497750
60500
1558250
35
2078250
2000
2080250
37.5
3188500
1500
3190000
40
4551000
1000
4552000
45
7898500
0
7898500
50
12103500
0
12103500
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.