This page reflects UNIT 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 — UNIT
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $11.00 (0.25 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$11.00
Nearest expiry
Expected Move
±$1.02
±9.5%
Days to Expiry
15
Calendar days
Total Call OI
4,689
Nearest expiry
Total Put OI
920
Nearest expiry
P/C OI Ratio
0.20
Put-heavy
Spot Price
$10.75
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
$7.00
5/15/2026, 11:43:54 PM
2026-06-18
$11.00
6/18/2026, 11:35:45 PM
2026-07-17NextUpdated
$11.00
7/3/2026, 11:30:48 PM
2026-08-21
$8.00
7/3/2026, 11:30:48 PM
2026-11-20
$9.00
7/3/2026, 11:30:48 PM
2027-01-15
$10.00
7/3/2026, 11:30:48 PM
Selected expiration: 2026-07-17 at max pain $11.00.
UNIT pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
666600
666600
4
100
575800
575900
5
200
485800
486000
6
300
399600
399900
7
400
314000
314400
8
1000
229300
230300
9
1900
152200
154100
10
2800
75400
78200
11
3700
800
4500
12
5900
0
5900
13
63500
0
63500
14
461700
0
461700
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.