This page reflects STT 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 — STT
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $165.00 (5.69 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$165.00
Nearest expiry
Expected Move
±$9.60
±5.6%
Days to Expiry
15
Calendar days
Total Call OI
805
Nearest expiry
Total Put OI
527
Nearest expiry
P/C OI Ratio
0.65
Put-heavy
Spot Price
$170.69
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
$140.00
5/15/2026, 11:35:49 PM
2026-06-18
$140.00
6/18/2026, 11:34:17 PM
2026-07-17NextUpdated
$165.00
7/3/2026, 11:29:25 PM
2026-08-21
$150.00
7/3/2026, 11:29:25 PM
2026-09-18
$120.00
7/3/2026, 11:29:25 PM
2026-11-20
$140.00
7/3/2026, 11:29:25 PM
2026-12-18
$125.00
7/3/2026, 11:29:25 PM
2027-01-15
$115.00
7/3/2026, 11:29:25 PM
2027-02-19
$155.00
7/3/2026, 11:29:25 PM
2027-03-19
$150.00
7/3/2026, 11:29:25 PM
2027-06-17
$110.00
7/3/2026, 11:29:25 PM
Selected expiration: 2026-07-17 at max pain $165.00.
STT pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
100
0
3038000
3038000
120
0
1992000
1992000
125
0
1732000
1732000
130
0
1473500
1473500
135
0
1218000
1218000
140
0
988000
988000
145
0
761500
761500
150
0
610000
610000
155
7000
468500
475500
160
23000
334000
357000
165
98000
208500
306500
170
238000
89000
327000
175
432500
7500
440000
180
733500
0
733500
185
1072500
0
1072500
190
1426500
0
1426500
195
1823500
0
1823500
210
3019000
0
3019000
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.