This page reflects VVX 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 — VVX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $75.00 (0.90 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$6.30
±8.5%
Days to Expiry
15
Calendar days
Total Call OI
1,415
Nearest expiry
Total Put OI
44
Nearest expiry
P/C OI Ratio
0.03
Put-heavy
Spot Price
$74.10
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
$65.00
5/15/2026, 11:46:04 PM
2026-06-18
$65.00
6/18/2026, 11:35:58 PM
2026-07-17NextUpdated
$75.00
7/3/2026, 11:29:34 PM
2026-08-21
$50.00
7/3/2026, 11:29:34 PM
2026-11-20
$50.00
7/3/2026, 11:29:34 PM
2027-02-19
$65.00
7/3/2026, 11:29:34 PM
Selected expiration: 2026-07-17 at max pain $75.00.
VVX pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
141500
141500
45
1000
119500
120500
65
15000
31500
46500
70
18500
16000
34500
75
24500
5500
30000
80
33000
500
33500
85
183000
0
183000
90
872000
0
872000
95
1571500
0
1571500
100
2277500
0
2277500
105
2984500
0
2984500
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.