Nearest listed expiration 2026-07-10 shows max pain at $227.50 (46.03 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$227.50
Nearest expiry
Expected Move
±$38.17
±21.0%
Days to Expiry
8
Calendar days
Total Call OI
30,829
Nearest expiry
Total Put OI
59,956
Nearest expiry
P/C OI Ratio
1.94
Put-heavy
Spot Price
$181.47
Published close
Consensus
3.5/10
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
$240.00
6/26/2026, 11:32:18 PM
2026-07-02
$225.00
7/2/2026, 11:33:40 PM
2026-07-10NextUpdated
$227.50
7/3/2026, 11:29:03 PM
2026-07-17
$195.00
7/3/2026, 11:29:03 PM
2026-07-24
$220.00
7/3/2026, 11:29:03 PM
2026-07-31
$227.50
7/3/2026, 11:29:03 PM
2026-08-07
$225.00
7/3/2026, 11:29:03 PM
2026-08-21
$75.00
7/3/2026, 11:29:03 PM
2026-09-18
$125.00
7/3/2026, 11:29:03 PM
2026-11-20
$85.00
7/3/2026, 11:29:03 PM
2026-12-18
$95.00
7/3/2026, 11:29:03 PM
2027-01-15
$25.00
7/3/2026, 11:29:03 PM
2027-02-19
$235.00
7/3/2026, 11:29:03 PM
Selected expiration: 2026-07-10 at max pain $227.50.
SOXL pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
105
0
320462750
320462750
110
34000
294929250
294963250
115
146500
270790250
270936750
120
338500
247605250
247943750
125
676000
225924250
226600250
130
1119000
205189750
206308750
135
1579000
186830750
188409750
140
2093500
169798250
171891750
145
2784500
153820250
156604750
150
3495500
138314250
141809750
154
4138300
127024650
131162950
155
4299000
124243050
128542050
156
4477700
121551650
126029350
157
4656400
118897450
123553850
157.5
4745750
117577600
122323350
158
4835100
116269250
121104350
159
5013800
113677450
118691250
160
5192500
111126850
116319350
161
5385600
108749250
114134850
162
5578900
106408150
111987050
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.