This page reflects SWK 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 — SWK
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $75.00 (16.90 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$5.25
±5.7%
Days to Expiry
15
Calendar days
Total Call OI
8,465
Nearest expiry
Total Put OI
4,939
Nearest expiry
P/C OI Ratio
0.58
Put-heavy
Spot Price
$91.90
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
$70.00
5/15/2026, 11:39:13 PM
2026-06-18
$75.00
6/18/2026, 11:33:35 PM
2026-07-17NextUpdated
$75.00
7/3/2026, 11:31:00 PM
2026-08-21
$85.00
7/3/2026, 11:31:00 PM
2026-10-16
$82.50
7/3/2026, 11:31:00 PM
2027-01-15
$70.00
7/3/2026, 11:31:00 PM
Selected expiration: 2026-07-17 at max pain $75.00.
SWK pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
32.5
0
20237250
20237250
35
0
19002750
19002750
37.5
0
17768750
17768750
40
250
16534750
16535000
45
750
14070250
14071000
47.5
1000
12838250
12839250
50
1250
11606500
11607750
55
2250
9150500
9152750
57.5
3500
7937000
7940500
60
4750
6727500
6732250
62.5
6000
5532500
5538500
65
7250
4364000
4371250
67.5
20250
3334000
3354250
70
36750
2339500
2376250
72.5
324250
1427750
1752000
75
615500
985250
1600750
77.5
1195750
760750
1956500
80
1791000
556500
2347500
82.5
2490500
396000
2886500
85
3226750
247250
3474000
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.