This page reflects VNET 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 — VNET
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $9.00 (1.08 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$9.00
Nearest expiry
Expected Move
±$1.02
±12.9%
Days to Expiry
15
Calendar days
Total Call OI
16,432
Nearest expiry
Total Put OI
4,342
Nearest expiry
P/C OI Ratio
0.26
Put-heavy
Spot Price
$7.92
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
$9.00
5/15/2026, 11:47:20 PM
2026-06-18
$10.00
6/18/2026, 11:37:49 PM
2026-07-17NextUpdated
$9.00
7/3/2026, 11:33:59 PM
2026-08-21
$9.00
7/3/2026, 11:33:59 PM
2026-09-18
$10.00
7/3/2026, 11:33:59 PM
2026-12-18
$9.00
7/3/2026, 11:33:59 PM
2027-01-15
$8.00
7/3/2026, 11:33:59 PM
Selected expiration: 2026-07-17 at max pain $9.00.
VNET pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
3431300
3431300
2
300
2997100
2997400
3
800
2563500
2564300
4
1400
2132500
2133900
5
2100
1701900
1704000
6
2900
1272900
1275800
7
3700
844900
848600
8
4700
481300
486000
9
46400
168500
214900
10
319100
74000
393100
11
764500
18000
782500
12
1269800
3100
1272900
13
2134700
500
2135200
14
3611600
300
3611900
15
5140200
200
5140400
16
6781000
100
6781100
17
8422900
0
8422900
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.