This page reflects USB 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 — USB
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $60.00 (1.73 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$0.65
±1.1%
Days to Expiry
8
Calendar days
Total Call OI
997
Nearest expiry
Total Put OI
696
Nearest expiry
P/C OI Ratio
0.70
Put-heavy
Spot Price
$61.73
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, 11:30:26 PM
2026-07-02
$61.00
7/2/2026, 11:36:09 PM
2026-07-10NextUpdated
$60.00
7/3/2026, 11:34:26 PM
2026-07-17
$57.50
7/3/2026, 11:34:26 PM
2026-07-24
$58.00
7/3/2026, 11:34:26 PM
2026-07-31
$57.00
7/3/2026, 11:34:26 PM
2026-08-07
$55.00
7/3/2026, 11:34:26 PM
2026-08-21
$57.50
7/3/2026, 11:34:26 PM
2026-09-18
$55.00
7/3/2026, 11:34:26 PM
2026-12-18
$45.00
7/3/2026, 11:34:26 PM
2027-01-15
$50.00
7/3/2026, 11:34:26 PM
2027-03-19
$50.00
7/3/2026, 11:34:26 PM
2027-06-17
$57.50
7/3/2026, 11:34:26 PM
Selected expiration: 2026-07-10 at max pain $60.00.
USB pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
1858900
1858900
35
0
1510900
1510900
48
0
606100
606100
49
0
536500
536500
50
0
469000
469000
51
0
403600
403600
52
0
339400
339400
53
0
277300
277300
54
0
215800
215800
55
0
158600
158600
56
0
104400
104400
57
0
52000
52000
58
0
25100
25100
59
0
10400
10400
60
1000
4900
5900
61
16000
0
16000
62
57300
0
57300
63
112400
0
112400
64
181700
0
181700
65
279600
0
279600
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.