This page reflects STAA 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 — STAA
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $25.00 (2.79 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$25.00
Nearest expiry
Expected Move
±$2.68
±9.6%
Days to Expiry
15
Calendar days
Total Call OI
1,265
Nearest expiry
Total Put OI
280
Nearest expiry
P/C OI Ratio
0.22
Put-heavy
Spot Price
$27.79
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
$25.00
5/15/2026, 11:37:52 PM
2026-06-18
$20.00
6/18/2026, 11:38:45 PM
2026-07-17NextUpdated
$25.00
7/3/2026, 11:27:41 PM
2026-08-21
$25.00
7/3/2026, 11:27:41 PM
2026-09-18
$22.50
7/3/2026, 11:27:41 PM
2026-12-18
$25.00
7/3/2026, 11:27:41 PM
Selected expiration: 2026-07-17 at max pain $25.00.
STAA pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
15
0
154750
154750
17.5
500
117250
117750
20
1250
89750
91000
22.5
4500
62250
66750
25
20250
36750
57000
27.5
49000
19750
68750
30
96250
9000
105250
32.5
178250
3000
181250
35
472750
2000
474750
37.5
780000
1000
781000
40
1095250
500
1095750
42.5
1411000
0
1411000
47.5
2042500
0
2042500
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.