This page reflects TRIP 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 — TRIP
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $1.00 (13.29 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$1.00
Nearest expiry
Expected Move
±$0.85
±6.0%
Days to Expiry
8
Calendar days
Total Call OI
2,847
Nearest expiry
Total Put OI
1,006
Nearest expiry
P/C OI Ratio
0.35
Put-heavy
Spot Price
$14.29
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
$1.00
6/26/2026, 11:31:52 PM
2026-07-02
$7.00
7/2/2026, 11:29:28 PM
2026-07-10NextUpdated
$1.00
7/3/2026, 11:30:39 PM
2026-07-17
$10.00
7/3/2026, 11:30:39 PM
2026-07-24
$3.00
7/3/2026, 11:30:39 PM
2026-07-31
$2.00
7/3/2026, 11:30:39 PM
2026-08-07
$3.00
7/3/2026, 11:30:39 PM
2026-08-21
$12.00
7/3/2026, 11:30:39 PM
2026-09-18
$11.00
7/3/2026, 11:30:39 PM
2026-12-18
$11.00
7/3/2026, 11:30:39 PM
2027-01-15
$12.00
7/3/2026, 11:30:39 PM
Selected expiration: 2026-07-10 at max pain $1.00.
TRIP pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
904250
904250
2
115100
803650
918750
3
241900
710250
952150
4
377500
626250
1003750
5
521100
545150
1066250
6
666500
468450
1134950
7
812000
394250
1206250
7.5
884800
358050
1242850
8
957750
321850
1279600
8.5
1030800
286550
1317350
9
1103900
252300
1356200
9.5
1177050
219150
1396200
10
1250200
186850
1437050
10.5
1323900
155350
1479250
11
1397650
125350
1523000
12
1545250
65850
1611100
12.5
1620200
36700
1656900
13
1695300
7550
1702850
13.5
1827150
6450
1833600
14
1963900
5550
1969450
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.