This page reflects USFD 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 — USFD
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $100.00 (4.29 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$1.48
±1.4%
Days to Expiry
15
Calendar days
Total Call OI
1,418
Nearest expiry
Total Put OI
1,426
Nearest expiry
P/C OI Ratio
1.01
Put-heavy
Spot Price
$104.29
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
$85.00
5/15/2026, 11:42:22 PM
2026-06-18
$90.00
6/18/2026, 11:35:39 PM
2026-07-17NextUpdated
$100.00
7/3/2026, 11:34:23 PM
2026-08-21
$92.50
7/3/2026, 11:34:23 PM
2026-10-16
$85.00
7/3/2026, 11:34:23 PM
2027-01-15
$50.00
7/3/2026, 11:34:23 PM
Selected expiration: 2026-07-17 at max pain $100.00.
USFD pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
42.5
0
7389250
7389250
45
0
7033000
7033000
50
0
6321000
6321000
60
2000
4920000
4922000
62.5
4500
4570500
4575000
65
7000
4221500
4228500
67.5
9500
3873500
3883000
70
12000
3538250
3550250
72.5
16500
3205250
3221750
75
21000
2875000
2896000
77.5
29000
2545500
2574500
80
41250
2217000
2258250
82.5
60250
1889500
1949750
85
82250
1614500
1696750
87.5
111000
1341500
1452500
90
142250
1070250
1212500
92.5
175000
801250
976250
95
208750
533250
742000
97.5
262000
266250
528250
100
318500
0
318500
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.