This page reflects WEC 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 — WEC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $110.00 (8.83 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$110.00
Nearest expiry
Expected Move
±$3.52
±3.0%
Days to Expiry
15
Calendar days
Total Call OI
2,200
Nearest expiry
Total Put OI
265
Nearest expiry
P/C OI Ratio
0.12
Put-heavy
Spot Price
$118.83
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
$115.00
5/15/2026, 11:45:20 PM
2026-06-18
$110.00
6/18/2026, 11:37:55 PM
2026-07-17NextUpdated
$110.00
7/3/2026, 11:34:15 PM
2026-08-21
$115.00
7/3/2026, 11:34:15 PM
2026-10-16
$110.00
7/3/2026, 11:34:15 PM
2026-11-20
$100.00
7/3/2026, 11:34:15 PM
2027-01-15
$95.00
7/3/2026, 11:34:15 PM
Selected expiration: 2026-07-17 at max pain $110.00.
WEC pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
1019500
1019500
70
0
887500
887500
90
0
361500
361500
95
0
235000
235000
97.5
0
182500
182500
100
0
143000
143000
105
6000
78000
84000
110
14500
34500
49000
115
45000
8500
53500
120
187500
0
187500
125
963500
0
963500
130
1935500
0
1935500
135
2998500
0
2998500
140
4096000
0
4096000
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.