This page reflects SOC 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 — SOC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $9.00 (4.75 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$9.00
Nearest expiry
Expected Move
±$0.92
±21.5%
Days to Expiry
8
Calendar days
Total Call OI
9,346
Nearest expiry
Total Put OI
1,351
Nearest expiry
P/C OI Ratio
0.14
Put-heavy
Spot Price
$4.25
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
$9.50
6/26/2026, 11:31:48 PM
2026-07-02
$7.50
7/2/2026, 11:27:43 PM
2026-07-10NextUpdated
$9.00
7/3/2026, 11:28:57 PM
2026-07-17
$4.00
7/3/2026, 11:28:57 PM
2026-07-24
$7.00
7/3/2026, 11:28:57 PM
2026-07-31
$6.00
7/3/2026, 11:28:57 PM
2026-08-07
$11.00
7/3/2026, 11:28:57 PM
2026-08-21
$9.00
7/3/2026, 11:28:57 PM
2026-10-16
$5.00
7/3/2026, 11:28:57 PM
2027-01-15
$20.00
7/3/2026, 11:28:57 PM
Selected expiration: 2026-07-10 at max pain $9.00.
SOC pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
1282350
1282350
5
800
741950
742750
6
1000
607250
608250
6.5
1100
543400
544500
7
1200
482750
483950
7.5
1300
426500
427800
8
1400
371100
372500
8.5
6750
332450
339200
9
15650
295850
311500
9.5
435550
262400
697950
10
864150
230600
1094750
10.5
1293850
199500
1493350
11
1724600
173450
1898050
11.5
2156000
152950
2308950
12
2587650
133250
2720900
12.5
3020600
114550
3135150
13
3458200
96350
3554550
13.5
3896150
80000
3976150
14
4334900
63950
4398850
14.5
4784350
48100
4832450
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.