This page reflects TSN 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 — TSN
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $57.50 (1.39 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$57.50
Nearest expiry
Expected Move
±$2.42
±4.1%
Days to Expiry
15
Calendar days
Total Call OI
8,562
Nearest expiry
Total Put OI
3,077
Nearest expiry
P/C OI Ratio
0.36
Put-heavy
Spot Price
$58.89
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
$65.00
5/15/2026, 11:41:59 PM
2026-06-18
$60.00
6/18/2026, 11:33:51 PM
2026-07-17NextUpdated
$57.50
7/3/2026, 11:34:03 PM
2026-08-21
$60.00
7/3/2026, 11:34:03 PM
2026-09-18
$57.50
7/3/2026, 11:34:03 PM
2026-10-16
$60.00
7/3/2026, 11:34:03 PM
2026-12-18
$60.00
7/3/2026, 11:34:03 PM
2027-01-15
$55.00
7/3/2026, 11:34:03 PM
2027-03-19
$60.00
7/3/2026, 11:34:03 PM
2027-06-17
$62.50
7/3/2026, 11:34:03 PM
Selected expiration: 2026-07-17 at max pain $57.50.
TSN pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
7730500
7730500
40
0
4663500
4663500
42.5
0
3904750
3904750
45
0
3155000
3155000
47.5
0
2415000
2415000
50
7500
1686000
1693500
52.5
15000
1025000
1040000
55
23750
485750
509500
57.5
70750
239250
310000
60
307250
80000
387250
62.5
924750
750
925500
65
1782250
0
1782250
67.5
2770750
0
2770750
70
3811500
0
3811500
72.5
5763250
0
5763250
75
7732000
0
7732000
80
11986500
0
11986500
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.