Universal Technical Institute IClose $48.24EOD only
Max Pain
$37.50
Next expiry Jul 17, 2026
Expected Move
±$3.80
7.9% from close
Price Gap
-10.74
Distance to max pain
IV Rank
26
Middle-high premium
P/C OI
0.52
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects UTI 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 — UTI
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $37.50 (10.74 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$37.50
Nearest expiry
Expected Move
±$3.80
±7.9%
Days to Expiry
15
Calendar days
Total Call OI
2,805
Nearest expiry
Total Put OI
4,658
Nearest expiry
P/C OI Ratio
1.66
Put-heavy
Spot Price
$48.24
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
$35.00
5/15/2026, 11:42:06 PM
2026-06-18
$40.00
6/18/2026, 11:35:45 PM
2026-07-17NextUpdated
$37.50
7/3/2026, 11:34:33 PM
2026-08-21
$42.50
7/3/2026, 11:34:33 PM
2026-10-16
$35.00
7/3/2026, 11:34:33 PM
2026-11-20
$30.00
7/3/2026, 11:34:33 PM
2026-12-18
$37.50
7/3/2026, 11:34:33 PM
2027-01-15
$40.00
7/3/2026, 11:34:33 PM
Selected expiration: 2026-07-17 at max pain $37.50.
UTI pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
12.5
0
10015250
10015250
15
0
8855750
8855750
17.5
0
7696500
7696500
20
0
6537250
6537250
22.5
18000
5378750
5396750
25
36000
4225500
4261500
27.5
59250
3082500
3141750
30
87250
1943250
2030500
32.5
133000
933500
1066500
35
182000
237000
419000
37.5
257500
126000
383500
40
442000
41750
483750
42.5
878250
1500
879750
45
1338500
250
1338750
47.5
1892500
0
1892500
50
2576750
0
2576750
55
3978750
0
3978750
60
5381250
0
5381250
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.