This page reflects STUB 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 — STUB
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $10.50 (2.36 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.50
Nearest expiry
Expected Move
±$0.40
±3.1%
Days to Expiry
8
Calendar days
Total Call OI
10,711
Nearest expiry
Total Put OI
883
Nearest expiry
P/C OI Ratio
0.08
Put-heavy
Spot Price
$12.86
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
$8.00
6/26/2026, 11:29:10 PM
2026-07-02
$11.50
7/2/2026, 11:33:26 PM
2026-07-10NextUpdated
$10.50
7/3/2026, 11:31:25 PM
2026-07-17
$10.00
7/3/2026, 11:31:25 PM
2026-07-24
$11.00
7/3/2026, 11:31:25 PM
2026-07-31
$11.50
7/3/2026, 11:31:25 PM
2026-08-07
$11.50
7/3/2026, 11:31:25 PM
2026-08-21
$5.00
7/3/2026, 11:31:25 PM
2026-09-18
$15.00
7/3/2026, 11:31:25 PM
2026-10-16
$10.00
7/3/2026, 11:31:25 PM
2026-11-20
$7.50
7/3/2026, 11:31:25 PM
2026-12-18
$12.50
7/3/2026, 11:31:25 PM
2027-01-15
$10.00
7/3/2026, 11:31:25 PM
Selected expiration: 2026-07-10 at max pain $10.50.
STUB pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
617350
617350
3
600
529050
529650
4
1400
440750
442150
4.5
1950
396600
398550
5
2500
352450
354950
7
4700
175850
180550
7.5
5250
131800
137050
8
5800
87800
93600
8.5
6350
48900
55250
9
6950
40100
47050
9.5
7550
31550
39100
10
8500
23650
32150
10.5
11200
17000
28200
11
25150
10850
36000
11.5
99550
5150
104700
12
194600
2200
196800
12.5
371300
0
371300
13
548950
0
548950
13.5
1056450
0
1056450
14
1587950
0
1587950
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.