This page reflects SYK 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 — SYK
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $310.00 (16.54 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$310.00
Nearest expiry
Expected Move
±$16.70
±5.1%
Days to Expiry
15
Calendar days
Total Call OI
3,539
Nearest expiry
Total Put OI
1,323
Nearest expiry
P/C OI Ratio
0.37
Put-heavy
Spot Price
$326.54
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
$310.00
5/15/2026, 11:40:30 PM
2026-06-18
$310.00
6/18/2026, 11:34:04 PM
2026-07-17NextUpdated
$310.00
7/3/2026, 11:25:17 PM
2026-08-21
$300.00
7/3/2026, 11:25:17 PM
2026-09-18
$320.00
7/3/2026, 11:25:17 PM
2026-12-18
$330.00
7/3/2026, 11:25:17 PM
2027-01-15
$360.00
7/3/2026, 11:25:17 PM
2027-03-19
$320.00
7/3/2026, 11:25:17 PM
2027-06-17
$350.00
7/3/2026, 11:25:17 PM
Selected expiration: 2026-07-17 at max pain $310.00.
SYK pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
175
0
15470500
15470500
180
0
14809000
14809000
220
0
9517000
9517000
230
1000
8194000
8195000
240
2000
6871000
6873000
250
3000
5555000
5558000
260
4000
4278000
4282000
270
6000
3038000
3044000
280
8000
1954000
1962000
290
11000
1304000
1315000
300
62000
809000
871000
310
214000
498000
712000
320
772000
318000
1090000
330
2179000
189000
2368000
340
4298000
90000
4388000
350
6864000
0
6864000
360
9981000
0
9981000
370
13265000
0
13265000
380
16631000
0
16631000
390
20040000
0
20040000
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.