This page reflects TPR 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 — TPR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $137.00 (7.21 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$137.00
Nearest expiry
Expected Move
±$6.07
±4.2%
Days to Expiry
8
Calendar days
Total Call OI
177
Nearest expiry
Total Put OI
146
Nearest expiry
P/C OI Ratio
0.82
Put-heavy
Spot Price
$144.21
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
$141.00
6/26/2026, 11:32:20 PM
2026-07-02
$147.00
7/2/2026, 11:34:21 PM
2026-07-10NextUpdated
$137.00
7/3/2026, 11:27:57 PM
2026-07-17
$145.00
7/3/2026, 11:27:57 PM
2026-07-24
$150.00
7/3/2026, 11:27:57 PM
2026-07-31
$143.00
7/3/2026, 11:27:57 PM
2026-08-21
$145.00
7/3/2026, 11:27:57 PM
2026-09-18
$145.00
7/3/2026, 11:27:57 PM
2026-11-20
$100.00
7/3/2026, 11:27:57 PM
2026-12-18
$100.00
7/3/2026, 11:27:57 PM
2027-01-15
$90.00
7/3/2026, 11:27:57 PM
2027-02-19
$110.00
7/3/2026, 11:27:57 PM
2027-03-19
$145.00
7/3/2026, 11:27:57 PM
Selected expiration: 2026-07-10 at max pain $137.00.
TPR pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
70
0
920950
920950
75
1000
847950
848950
80
11500
774950
786450
85
28500
701950
730450
90
49000
628950
677950
95
69500
555950
625450
110
131000
336950
467950
120
172000
195950
367950
126
196600
112550
309150
127
200700
100150
300850
128
204800
88150
292950
130
213000
64350
277350
131
217100
57650
274750
134
229400
37850
267250
135
233500
31250
264750
136
237600
24950
262550
137
241700
18750
260450
140
254000
11550
265550
142
262200
7350
269550
143
266300
5550
271850
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.