This page reflects STLA 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 — STLA
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $6.00 (0.19 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$6.00
Nearest expiry
Expected Move
±$0.38
±6.5%
Days to Expiry
8
Calendar days
Total Call OI
2,346
Nearest expiry
Total Put OI
1,048
Nearest expiry
P/C OI Ratio
0.45
Put-heavy
Spot Price
$5.81
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
$6.00
6/26/2026, 11:31:12 PM
2026-07-02
$6.00
7/2/2026, 11:33:20 PM
2026-07-10NextUpdated
$6.00
7/3/2026, 11:27:53 PM
2026-07-17
$6.50
7/3/2026, 11:27:53 PM
2026-07-24
$6.50
7/3/2026, 11:27:53 PM
2026-07-31
$7.50
7/3/2026, 11:27:53 PM
2026-08-07
$5.50
7/3/2026, 11:27:53 PM
2026-08-21
$6.00
7/3/2026, 11:27:53 PM
2026-09-18
$8.00
7/3/2026, 11:27:53 PM
2026-12-18
$6.00
7/3/2026, 11:27:53 PM
2027-01-15
$7.00
7/3/2026, 11:27:53 PM
2027-06-17
$8.00
7/3/2026, 11:27:53 PM
Selected expiration: 2026-07-10 at max pain $6.00.
STLA pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
426900
426900
3
1100
322100
323200
3.5
8400
270350
278750
4
19850
219300
239150
4.5
33150
168850
202000
5
46450
118500
164950
5.5
59750
68250
128000
6
73400
27450
100850
6.5
99650
10950
110600
7
138150
7600
145750
7.5
241700
6300
248000
8
350650
5200
355850
8.5
463300
4150
467450
9
577400
3200
580600
9.5
691500
2450
693950
10
808750
1800
810550
10.5
926050
1200
927250
11
1043350
650
1044000
11.5
1160650
350
1161000
12
1277950
150
1278100
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.