thetaOwl

VTI

Vanguard Total Stock Market ETFClose $368.76EOD only
Max Pain
$360.00
Next expiry Jul 17, 2026
Expected Move
±$7.40
2.0% from close
Price Gap
-8.76
Distance to max pain
IV Rank
0
Low premium
P/C OI
0.63
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-07-17 shows max pain at $360.00 (8.76 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$360.00
Nearest expiry
Expected Move
±$7.40
±2.0%
Days to Expiry
15
Calendar days
Total Call OI
4,044
Nearest expiry
Total Put OI
2,147
Nearest expiry
P/C OI Ratio
0.53
Put-heavy
Spot Price
$368.76
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$340.005/15/2026, 11:46:26 PM
2026-06-18$350.006/18/2026, 11:36:18 PM
2026-07-17NextUpdated$360.007/3/2026, 11:33:39 PM
2026-08-21$365.007/3/2026, 11:33:39 PM
2026-09-18$330.007/3/2026, 11:33:39 PM
2026-12-18$340.007/3/2026, 11:33:39 PM
2027-01-15$305.007/3/2026, 11:33:39 PM
Selected expiration: 2026-07-17 at max pain $360.00.
VTI pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
28501272000012720000
29080001165150011659500
295160001059950010615500
3002400095805009604500
3053300086115008644500
3104400076470007691000
3156400066895006753500
3208600057500005836000
32511050048685004979000
33014850040095004158000
33518850032080003396500
34023400024710002705000
34529100018405002131500
35035650012665001623000
3555060007975001303500
3606875004050001092500
3659840001545001138500
3701357000250001382000
375219400080002202000
380344600050003451000
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.