This page reflects VTRS 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 — VTRS
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $15.00 (1.70 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$15.00
Nearest expiry
Expected Move
±$0.60
±3.6%
Days to Expiry
15
Calendar days
Total Call OI
14,797
Nearest expiry
Total Put OI
36,636
Nearest expiry
P/C OI Ratio
2.48
Put-heavy
Spot Price
$16.70
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
$15.00
5/15/2026, 11:46:10 PM
2026-06-18
$16.00
6/18/2026, 11:38:01 PM
2026-07-17NextUpdated
$15.00
7/3/2026, 11:34:10 PM
2026-08-21
$16.00
7/3/2026, 11:34:10 PM
2026-10-16
$15.00
7/3/2026, 11:34:10 PM
2027-01-15
$10.00
7/3/2026, 11:34:10 PM
Selected expiration: 2026-07-17 at max pain $15.00.
VTRS pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
40003600
40003600
4
100
36340000
36340100
5
300
32686200
32686500
6
500
29035400
29035900
7
700
25387500
25388200
8
1000
21742500
21743500
9
1300
18097500
18098800
10
1900
14465100
14467000
11
10800
10855500
10866300
12
34000
7257700
7291700
13
71000
3679900
3750900
14
227200
1399700
1626900
15
519200
509500
1028700
16
1031100
154600
1185700
17
1732800
200
1733000
18
2946800
100
2946900
19
4343800
0
4343800
20
5777300
0
5777300
21
7256700
0
7256700
22
8736400
0
8736400
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.