This page reflects WEX 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 — WEX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $140.00 (6.48 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$140.00
Nearest expiry
Expected Move
±$9.25
±6.3%
Days to Expiry
15
Calendar days
Total Call OI
52
Nearest expiry
Total Put OI
33
Nearest expiry
P/C OI Ratio
0.63
Put-heavy
Spot Price
$146.48
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
$150.00
5/15/2026, 11:47:58 PM
2026-06-18
$150.00
6/18/2026, 11:37:39 PM
2026-07-17NextUpdated
$140.00
7/3/2026, 11:34:18 PM
2026-08-21
$165.00
7/3/2026, 11:34:18 PM
2026-11-20
$160.00
7/3/2026, 11:34:18 PM
2027-02-19
$125.00
7/3/2026, 11:34:18 PM
Selected expiration: 2026-07-17 at max pain $140.00.
WEX pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
95
0
116000
116000
105
0
84000
84000
110
0
70000
70000
115
0
56500
56500
120
0
44000
44000
125
0
33500
33500
130
0
24500
24500
135
2500
16000
18500
140
8000
9500
17500
145
17000
4500
21500
150
26500
0
26500
155
47500
0
47500
160
70000
0
70000
165
95500
0
95500
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.