This page reflects VLTO 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 — VLTO
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $80.00 (12.55 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$12.52
±13.5%
Days to Expiry
15
Calendar days
Total Call OI
1,024
Nearest expiry
Total Put OI
210
Nearest expiry
P/C OI Ratio
0.21
Put-heavy
Spot Price
$92.55
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, 11:44:55 PM
2026-06-18
$85.00
6/18/2026, 11:37:08 PM
2026-07-17NextUpdated
$80.00
7/3/2026, 11:34:32 PM
2026-08-21
$75.00
7/3/2026, 11:34:32 PM
2026-10-16
$90.00
7/3/2026, 11:34:32 PM
2027-01-15
$80.00
7/3/2026, 11:34:32 PM
Selected expiration: 2026-07-17 at max pain $80.00.
VLTO pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
586000
586000
60
5000
481000
486000
65
10500
376500
387000
70
16000
272000
288000
75
21500
168000
189500
80
62500
65000
127500
85
106000
22000
128000
90
174000
10000
184000
95
572500
4500
577000
100
994000
0
994000
105
1494500
0
1494500
110
1997000
0
1997000
115
2501000
0
2501000
120
3008000
0
3008000
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.