This page reflects TROX 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 — TROX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $7.00 (0.79 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.00
Nearest expiry
Expected Move
±$0.85
±13.7%
Days to Expiry
15
Calendar days
Total Call OI
833
Nearest expiry
Total Put OI
7,388
Nearest expiry
P/C OI Ratio
8.87
Put-heavy
Spot Price
$6.21
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
$4.00
5/15/2026, 11:42:18 PM
2026-06-18
$8.00
6/18/2026, 11:34:22 PM
2026-07-17NextUpdated
$7.00
7/3/2026, 11:30:57 PM
2026-08-21
$7.00
7/3/2026, 11:30:57 PM
2026-09-18
$4.00
7/3/2026, 11:30:57 PM
2026-11-20
$8.00
7/3/2026, 11:30:57 PM
2027-01-15
$4.00
7/3/2026, 11:30:57 PM
Selected expiration: 2026-07-17 at max pain $7.00.
TROX pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
3905300
3905300
2
700
3166600
3167300
3
1700
2428500
2430200
5
3900
952500
956400
6
5000
220300
225300
7
6600
2700
9300
8
17200
600
17800
9
61100
0
61100
10
111800
0
111800
11
191200
0
191200
16
607700
0
607700
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.