Vertex Pharmaceuticals IncorporClose $528.04EOD only
Max Pain
$472.50
Next expiry Jul 10, 2026
Expected Move
±$10.80
2.0% from close
Price Gap
-55.54
Distance to max pain
IV Rank
69
High premium
P/C OI
0.79
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects VRTX 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 — VRTX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $472.50 (55.54 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$472.50
Nearest expiry
Expected Move
±$10.80
±2.0%
Days to Expiry
8
Calendar days
Total Call OI
315
Nearest expiry
Total Put OI
1,098
Nearest expiry
P/C OI Ratio
3.49
Put-heavy
Spot Price
$528.04
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
$435.00
6/26/2026, 11:36:12 PM
2026-07-02
$470.00
7/2/2026, 11:37:59 PM
2026-07-10NextUpdated
$472.50
7/3/2026, 11:34:20 PM
2026-07-17
$460.00
7/3/2026, 11:34:20 PM
2026-07-24
$445.00
7/3/2026, 11:34:20 PM
2026-07-31
$455.00
7/3/2026, 11:34:20 PM
2026-08-07
$475.00
7/3/2026, 11:34:20 PM
2026-08-21
$470.00
7/3/2026, 11:34:20 PM
2026-09-18
$450.00
7/3/2026, 11:34:20 PM
2026-10-16
$440.00
7/3/2026, 11:34:20 PM
2026-12-18
$410.00
7/3/2026, 11:34:20 PM
2027-01-15
$450.00
7/3/2026, 11:34:20 PM
2027-03-19
$450.00
7/3/2026, 11:34:20 PM
2027-06-17
$440.00
7/3/2026, 11:34:20 PM
Selected expiration: 2026-07-10 at max pain $472.50.
VRTX pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
310
0
9322000
9322000
340
3000
6028000
6031000
345
3500
5487500
5491000
350
4000
4987500
4991500
355
4500
4502000
4506500
360
5000
4056000
4061000
365
5500
3649500
3655000
370
6000
3268000
3274000
375
6500
2926500
2933000
380
7000
2605500
2612500
385
7500
2368000
2375500
390
8000
2174500
2182500
395
8500
1990500
1999000
400
9000
1810000
1819000
405
9500
1632000
1641500
410
10000
1466000
1476000
415
10500
1303000
1313500
420
11000
1155500
1166500
430
13000
865500
878500
432.5
13750
795000
808750
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.