This page reflects TTI 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 — TTI
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $10.00 (0.70 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.00
Nearest expiry
Expected Move
±$1.00
±10.8%
Days to Expiry
15
Calendar days
Total Call OI
932
Nearest expiry
Total Put OI
118
Nearest expiry
P/C OI Ratio
0.13
Put-heavy
Spot Price
$9.30
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
$8.00
5/15/2026, 11:43:53 PM
2026-06-18
$8.00
6/18/2026, 11:34:56 PM
2026-07-17NextUpdated
$10.00
7/3/2026, 11:27:44 PM
2026-08-21
$9.00
7/3/2026, 11:27:44 PM
2026-09-18
$9.00
7/3/2026, 11:27:44 PM
2026-12-18
$8.00
7/3/2026, 11:27:44 PM
Selected expiration: 2026-07-17 at max pain $10.00.
TTI pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
86500
86500
4
0
63100
63100
5
100
51400
51500
6
200
39700
39900
8
400
16300
16700
9
500
10100
10600
10
1900
5000
6900
11
34900
2000
36900
12
111900
0
111900
13
204500
0
204500
17
575700
0
575700
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.