Nearest listed expiration 2026-07-06 shows max pain at $407.50 (14.05 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$407.50
Nearest expiry
Expected Move
±$11.07
±2.8%
Days to Expiry
4
Calendar days
Total Call OI
62,797
Nearest expiry
Total Put OI
49,899
Nearest expiry
P/C OI Ratio
0.79
Put-heavy
Spot Price
$393.45
Published close
Consensus
5.5/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-06
Expiration
Max Pain Strike
Last Updated
2026-07-01
$405.00
7/1/2026, 11:36:14 PM
2026-07-02
$400.00
7/2/2026, 11:32:20 PM
2026-07-06NextUpdated
$407.50
7/3/2026, 11:31:53 PM
2026-07-08
$410.00
7/3/2026, 11:31:53 PM
2026-07-10
$400.00
7/3/2026, 11:31:53 PM
2026-07-17
$400.00
7/3/2026, 11:31:53 PM
2026-07-24
$400.00
7/3/2026, 11:31:53 PM
2026-07-31
$400.00
7/3/2026, 11:31:53 PM
2026-08-07
$420.00
7/3/2026, 11:31:53 PM
2026-08-21
$395.00
7/3/2026, 11:31:53 PM
2026-09-18
$400.00
7/3/2026, 11:31:53 PM
2026-10-16
$395.00
7/3/2026, 11:31:53 PM
2026-11-20
$400.00
7/3/2026, 11:31:53 PM
2026-12-18
$350.00
7/3/2026, 11:31:53 PM
2027-01-15
$330.00
7/3/2026, 11:31:53 PM
2027-03-19
$390.00
7/3/2026, 11:31:53 PM
2027-06-17
$340.00
7/3/2026, 11:31:53 PM
Selected expiration: 2026-07-06 at max pain $407.50.
TSLA pain by strike for 2026-07-06 expiration
Strike
Call Pain
Put Pain
Total Pain
250
0
583269750
583269750
255
0
558460250
558460250
260
0
534349750
534349750
265
0
510865750
510865750
270
0
487624750
487624750
275
0
464489250
464489250
280
0
441588750
441588750
285
500
418926250
418926750
290
25000
396490750
396515750
295
49500
374130750
374180250
300
74000
351845250
351919250
305
109000
329930250
330039250
310
147500
308304250
308451750
315
190000
286826250
287016250
317.5
213250
276108500
276321750
320
236500
265413500
265650000
322.5
260750
254736250
254997000
325
285250
244069500
244354750
327.5
311500
233481750
233793250
330
337750
222896500
223234250
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.