This page reflects VG 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 — VG
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $11.00 (0.13 below 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
±$0.75
±6.7%
Days to Expiry
8
Calendar days
Total Call OI
5,026
Nearest expiry
Total Put OI
3,346
Nearest expiry
P/C OI Ratio
0.67
Put-heavy
Spot Price
$11.13
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
$11.50
6/26/2026, 11:35:43 PM
2026-07-02
$11.00
7/2/2026, 11:36:10 PM
2026-07-10NextUpdated
$11.00
7/3/2026, 11:33:42 PM
2026-07-17
$12.00
7/3/2026, 11:33:42 PM
2026-07-24
$11.50
7/3/2026, 11:33:42 PM
2026-07-31
$12.00
7/3/2026, 11:33:42 PM
2026-08-07
$11.50
7/3/2026, 11:33:42 PM
2026-08-21
$12.50
7/3/2026, 11:33:42 PM
2026-11-20
$12.50
7/3/2026, 11:33:42 PM
2026-12-18
$10.00
7/3/2026, 11:33:42 PM
2027-01-15
$12.50
7/3/2026, 11:33:42 PM
2027-02-19
$12.50
7/3/2026, 11:33:42 PM
2027-03-19
$10.00
7/3/2026, 11:33:42 PM
2027-05-21
$15.00
7/3/2026, 11:33:42 PM
2027-06-17
$12.50
7/3/2026, 11:33:42 PM
Selected expiration: 2026-07-10 at max pain $11.00.
VG pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
4
0
2250500
2250500
5
500
1916900
1917400
7
1700
1249700
1251400
7.5
2200
1082900
1085100
8
2750
916100
918850
8.5
3450
749300
752750
9
4300
582500
586800
9.5
5150
417600
422750
10
6150
253600
259750
10.5
9900
102350
112250
11
17650
62550
80200
11.5
61900
33350
95250
12
142650
16850
159500
12.5
282700
11750
294450
13
445750
7400
453150
13.5
670300
5050
675350
14
898650
3900
902550
14.5
1131950
2950
1134900
15
1374000
2050
1376050
15.5
1620450
1750
1622200
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.