This page reflects VC 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 — VC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $100.00 (2.45 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
±$8.15
±8.0%
Days to Expiry
15
Calendar days
Total Call OI
745
Nearest expiry
Total Put OI
40
Nearest expiry
P/C OI Ratio
0.05
Put-heavy
Spot Price
$102.45
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
$95.00
5/15/2026, 11:44:20 PM
2026-06-18
$95.00
6/18/2026, 11:39:39 PM
2026-07-17NextUpdated
$100.00
7/3/2026, 11:33:27 PM
2026-08-21
$105.00
7/3/2026, 11:33:27 PM
2026-09-18
$100.00
7/3/2026, 11:33:27 PM
2026-12-18
$105.00
7/3/2026, 11:33:27 PM
Selected expiration: 2026-07-17 at max pain $100.00.
VC pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
80
0
67500
67500
90
1000
37500
38500
95
2000
24000
26000
100
3000
12000
15000
105
192000
2500
194500
110
386000
0
386000
120
775000
0
775000
125
1144500
0
1144500
130
1516000
0
1516000
135
1887500
0
1887500
140
2259500
0
2259500
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.