This page reflects TTE 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 — TTE
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $77.50 (0.81 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$77.50
Nearest expiry
Expected Move
±$2.88
±3.8%
Days to Expiry
15
Calendar days
Total Call OI
5,107
Nearest expiry
Total Put OI
982
Nearest expiry
P/C OI Ratio
0.19
Put-heavy
Spot Price
$76.69
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
$82.50
5/15/2026, 11:39:19 PM
2026-06-18
$75.00
6/18/2026, 11:35:28 PM
2026-07-17NextUpdated
$77.50
7/3/2026, 11:30:17 PM
2026-08-21
$80.00
7/3/2026, 11:30:17 PM
2026-11-20
$87.50
7/3/2026, 11:30:17 PM
2026-12-18
$80.00
7/3/2026, 11:30:17 PM
2027-01-15
$65.00
7/3/2026, 11:30:17 PM
2027-06-17
$80.00
7/3/2026, 11:30:17 PM
Selected expiration: 2026-07-17 at max pain $77.50.
TTE pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
976250
976250
65
0
485750
485750
70
0
196250
196250
72.5
4250
134000
138250
75
8500
75750
84250
77.5
17250
35750
53000
80
64250
7500
71750
82.5
160250
250
160500
85
1017750
0
1017750
87.5
1955750
0
1955750
90
2928250
0
2928250
92.5
4084500
0
4084500
95
5255250
0
5255250
97.5
6450000
0
6450000
100
7653250
0
7653250
105
10178250
0
10178250
115
15231250
0
15231250
120
17759250
0
17759250
135
25418250
0
25418250
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.