This page reflects VRT 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 — VRT
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $315.00 (14.47 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$315.00
Nearest expiry
Expected Move
±$25.75
±8.6%
Days to Expiry
8
Calendar days
Total Call OI
6,623
Nearest expiry
Total Put OI
15,788
Nearest expiry
P/C OI Ratio
2.38
Put-heavy
Spot Price
$300.53
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
$320.00
6/26/2026, 11:35:17 PM
2026-07-02
$312.50
7/2/2026, 11:35:29 PM
2026-07-10NextUpdated
$315.00
7/3/2026, 11:33:37 PM
2026-07-17
$320.00
7/3/2026, 11:33:37 PM
2026-07-24
$300.00
7/3/2026, 11:33:37 PM
2026-07-31
$310.00
7/3/2026, 11:33:37 PM
2026-08-07
$305.00
7/3/2026, 11:33:37 PM
2026-08-21
$310.00
7/3/2026, 11:33:37 PM
2026-09-18
$270.00
7/3/2026, 11:33:37 PM
2026-10-16
$310.00
7/3/2026, 11:33:37 PM
2026-11-20
$250.00
7/3/2026, 11:33:37 PM
2026-12-18
$250.00
7/3/2026, 11:33:37 PM
2027-01-15
$175.00
7/3/2026, 11:33:37 PM
2027-03-19
$320.00
7/3/2026, 11:33:37 PM
2027-06-17
$310.00
7/3/2026, 11:33:37 PM
Selected expiration: 2026-07-10 at max pain $315.00.
VRT pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
170
0
128109750
128109750
185
1500
104429250
104430750
190
2500
96535750
96538250
200
5500
80748750
80754250
205
8500
72868250
72876750
210
11500
64993750
65005250
215
15000
57121250
57136250
220
19500
49249750
49269250
225
24000
41396750
41420750
230
29000
38070750
38099750
235
36000
34796750
34832750
240
56500
31558250
31614750
245
78500
28341250
28419750
247.5
90000
26761000
26851000
250
101500
25184500
25286000
252.5
113500
23727500
23841000
255
125750
22273000
22398750
260
158250
19428000
19586250
262.5
176250
18077500
18253750
265
194250
16730750
16925000
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.