This page reflects SWKS 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 — SWKS
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $70.00 (7.44 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$6.95
±11.1%
Days to Expiry
15
Calendar days
Total Call OI
12,683
Nearest expiry
Total Put OI
5,800
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$62.56
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
$65.00
5/15/2026, 11:39:22 PM
2026-06-18
$70.00
6/18/2026, 11:39:12 PM
2026-07-17NextUpdated
$70.00
7/3/2026, 11:33:14 PM
2026-08-21
$77.50
7/3/2026, 11:33:14 PM
2026-09-18
$70.00
7/3/2026, 11:33:14 PM
2026-11-20
$75.00
7/3/2026, 11:33:14 PM
2026-12-18
$65.00
7/3/2026, 11:33:14 PM
2027-01-15
$72.50
7/3/2026, 11:33:14 PM
2027-02-19
$55.00
7/3/2026, 11:33:14 PM
2027-03-19
$70.00
7/3/2026, 11:33:14 PM
2027-06-17
$75.00
7/3/2026, 11:33:14 PM
Selected expiration: 2026-07-17 at max pain $70.00.
SWKS pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
47.5
0
11840500
11840500
50
0
10391000
10391000
55
500
7540000
7540500
60
3500
4737000
4740500
62.5
11250
3450500
3461750
65
19500
2400500
2420000
67.5
36500
1578000
1614500
70
264500
996500
1261000
72.5
795500
639250
1434750
75
1471000
351750
1822750
77.5
2419500
140000
2559500
80
3487250
76750
3564000
82.5
5113750
44750
5158500
85
7004750
19000
7023750
87.5
9178250
12750
9191000
90
11433500
7500
11441000
95
16323500
0
16323500
100
21825500
0
21825500
105
28093000
0
28093000
110
34409500
0
34409500
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.