thetaOwl

SNOW

Snowflake Inc.Close $260.15EOD only
Max Pain
$240.00
Next expiry Jul 10, 2026
Expected Move
±$17.32
6.7% from close
Price Gap
-20.15
Distance to max pain
IV Rank
36
Middle-high premium
P/C OI
0.89
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects SNOW 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 — SNOW
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $240.00 (20.15 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$240.00
Nearest expiry
Expected Move
±$17.32
±6.7%
Days to Expiry
8
Calendar days
Total Call OI
13,451
Nearest expiry
Total Put OI
4,731
Nearest expiry
P/C OI Ratio
0.35
Put-heavy
Spot Price
$260.15
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$220.006/26/2026, 11:27:57 PM
2026-07-02$237.507/2/2026, 11:32:25 PM
2026-07-10NextUpdated$240.007/3/2026, 11:32:44 PM
2026-07-17$220.007/3/2026, 11:32:44 PM
2026-07-24$250.007/3/2026, 11:32:44 PM
2026-07-31$240.007/3/2026, 11:32:44 PM
2026-08-07$220.007/3/2026, 11:32:44 PM
2026-08-21$185.007/3/2026, 11:32:44 PM
2026-09-18$195.007/3/2026, 11:32:44 PM
2026-10-16$185.007/3/2026, 11:32:44 PM
2026-11-20$160.007/3/2026, 11:32:44 PM
2026-12-18$195.007/3/2026, 11:32:44 PM
2027-01-15$200.007/3/2026, 11:32:44 PM
2027-02-19$195.007/3/2026, 11:32:44 PM
2027-03-19$185.007/3/2026, 11:32:44 PM
2027-06-17$165.007/3/2026, 11:32:44 PM
Selected expiration: 2026-07-10 at max pain $240.00.
SNOW pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
11504573650045736500
12004337200043372000
12510004100750041008500
130150003864300038658000
140430003392400033967000
145960003156450031660500
1501490002921100029360000
1552025002693800027140500
1602720002466500024937000
1653465002245900022805500
1704455002035400020799500
1755815001825650018838000
1807220001617350016895500
182.58022501515650015958750
1858825001415200015034500
187.59647501321700014181750
19010472501232275013370000
19512142501068175011896000
197.51304750995225011257000
2001395250922500010620250
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.