thetaOwl

VOO

Vanguard S&P 500 ETFClose $684.84EOD only
Max Pain
$670.00
Next expiry Jul 10, 2026
Expected Move
±$8.43
1.2% from close
Price Gap
-14.84
Distance to max pain
IV Rank
16
Low premium
P/C OI
0.70
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects VOO 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 — VOO
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $670.00 (14.84 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$670.00
Nearest expiry
Expected Move
±$8.43
±1.2%
Days to Expiry
8
Calendar days
Total Call OI
2,897
Nearest expiry
Total Put OI
918
Nearest expiry
P/C OI Ratio
0.32
Put-heavy
Spot Price
$684.84
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$685.006/26/2026, 11:36:21 PM
2026-07-02$657.507/2/2026, 11:38:01 PM
2026-07-10NextUpdated$670.007/3/2026, 11:29:26 PM
2026-07-17$675.007/3/2026, 11:29:26 PM
2026-07-24$660.007/3/2026, 11:29:26 PM
2026-07-31$645.007/3/2026, 11:29:26 PM
2026-08-07$660.007/3/2026, 11:29:26 PM
2026-08-21$650.007/3/2026, 11:29:26 PM
2026-09-18$635.007/3/2026, 11:29:26 PM
2026-10-16$620.007/3/2026, 11:29:26 PM
2027-01-15$540.007/3/2026, 11:29:26 PM
2027-06-17$615.007/3/2026, 11:29:26 PM
Selected expiration: 2026-07-10 at max pain $670.00.
VOO pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
47501398500013985000
48001352600013526000
49001261800012618000
50001172000011720000
520099440009944000
525095095009509500
535086455008645500
545078015007801500
55050074050007405500
555100070590007060000
565700063670006374000
5701000060210006031000
5805600053340005390000
58512350049935005117000
59021550046535004869000
59530850043145004623000
60040150039755004377000
61058750033035003891000
61568050029680003648500
62077350026335003407000
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.