This page reflects UL 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 — UL
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $59.50 (2.98 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$59.50
Nearest expiry
Expected Move
±$0.98
±1.6%
Days to Expiry
8
Calendar days
Total Call OI
137
Nearest expiry
Total Put OI
127
Nearest expiry
P/C OI Ratio
0.93
Put-heavy
Spot Price
$62.48
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$59.00
6/26/2026, 11:32:51 PM
2026-07-02
$60.00
7/2/2026, 11:36:14 PM
2026-07-10NextUpdated
$59.50
7/3/2026, 11:30:20 PM
2026-07-17
$57.50
7/3/2026, 11:30:20 PM
2026-07-24
$59.00
7/3/2026, 11:30:20 PM
2026-07-31
$55.00
7/3/2026, 11:30:20 PM
2026-08-21
$60.00
7/3/2026, 11:30:20 PM
2026-11-20
$57.50
7/3/2026, 11:30:20 PM
2026-12-18
$60.00
7/3/2026, 11:30:20 PM
2027-01-15
$60.00
7/3/2026, 11:30:20 PM
2027-06-17
$57.50
7/3/2026, 11:30:20 PM
Selected expiration: 2026-07-10 at max pain $59.50.
UL pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
44
0
173200
173200
49
0
110200
110200
50
0
97800
97800
51
0
85600
85600
52
0
73500
73500
53
0
61600
61600
54
0
49900
49900
55
100
38400
38500
56
400
26900
27300
56.5
550
22700
23250
57
700
19100
19800
57.5
900
15600
16500
58
1100
12500
13600
58.5
2750
9600
12350
59
4600
6700
11300
59.5
6700
3800
10500
60
9100
2100
11200
61
15100
1800
16900
62
23700
1600
25300
64
50500
1200
51700
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.