This page reflects WCC 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 — WCC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $340.00 (32.11 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$340.00
Nearest expiry
Expected Move
±$20.75
±6.7%
Days to Expiry
15
Calendar days
Total Call OI
1,224
Nearest expiry
Total Put OI
752
Nearest expiry
P/C OI Ratio
0.61
Put-heavy
Spot Price
$307.89
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
$300.00
5/15/2026, 11:47:04 PM
2026-06-18
$340.00
6/18/2026, 11:38:27 PM
2026-07-17NextUpdated
$340.00
7/3/2026, 11:27:36 PM
2026-08-21
$340.00
7/3/2026, 11:27:36 PM
2026-09-18
$300.00
7/3/2026, 11:27:36 PM
2026-10-16
$340.00
7/3/2026, 11:27:36 PM
2026-11-20
$370.00
7/3/2026, 11:27:36 PM
2026-12-18
$310.00
7/3/2026, 11:27:36 PM
2027-01-15
$260.00
7/3/2026, 11:27:36 PM
2027-03-19
$290.00
7/3/2026, 11:27:36 PM
2027-04-16
$320.00
7/3/2026, 11:27:36 PM
Selected expiration: 2026-07-17 at max pain $340.00.
WCC pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
150
0
10148000
10148000
155
500
9772000
9772500
170
2000
8644000
8646000
175
2500
8269500
8272000
185
3500
7536500
7540000
190
4500
7170000
7174500
200
7500
6437000
6444500
210
10500
5705000
5715500
220
14500
4975000
4989500
230
18500
4248000
4266500
240
22500
3524000
3546500
250
26500
2801000
2827500
260
33500
2079000
2112500
270
40500
1358000
1398500
280
50500
1137000
1187500
290
77500
921000
998500
300
104500
718000
822500
310
132500
534000
666500
320
161500
362000
523500
330
201500
208000
409500
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.