This page reflects SN 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 — SN
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $130.00 (21.47 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$130.00
Nearest expiry
Expected Move
±$9.80
±6.5%
Days to Expiry
15
Calendar days
Total Call OI
2,235
Nearest expiry
Total Put OI
4,914
Nearest expiry
P/C OI Ratio
2.20
Put-heavy
Spot Price
$151.47
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
$110.00
5/15/2026, 11:34:34 PM
2026-06-18
$105.00
6/18/2026, 11:31:39 PM
2026-07-17NextUpdated
$130.00
7/3/2026, 11:31:48 PM
2026-08-21
$145.00
7/3/2026, 11:31:48 PM
2026-09-18
$115.00
7/3/2026, 11:31:48 PM
2026-12-18
$125.00
7/3/2026, 11:31:48 PM
2027-01-15
$115.00
7/3/2026, 11:31:48 PM
Selected expiration: 2026-07-17 at max pain $130.00.
SN pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
30028000
30028000
65
0
27572000
27572000
70
500
25116000
25116500
75
2000
22660000
22662000
85
5000
17749000
17754000
90
6500
15294000
15300500
95
18500
12844000
12862500
100
31500
10395500
10427000
105
55000
7956000
8011000
110
93500
6330500
6424000
115
152000
4730000
4882000
120
807500
3139500
3947000
125
1502500
2071000
3573500
130
2220000
1039000
3259000
135
2961500
518500
3480000
140
3734000
7500
3741500
145
4564500
2000
4566500
150
5428000
0
5428000
155
6317000
0
6317000
160
7350000
0
7350000
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.