This page reflects WFRD 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 — WFRD
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $75.00 (8.01 below 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
±$5.50
±6.6%
Days to Expiry
15
Calendar days
Total Call OI
2,516
Nearest expiry
Total Put OI
189
Nearest expiry
P/C OI Ratio
0.08
Put-heavy
Spot Price
$83.01
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
$100.00
5/15/2026, 11:45:16 PM
2026-06-18
$100.00
6/18/2026, 11:38:43 PM
2026-07-17NextUpdated
$75.00
7/3/2026, 11:33:41 PM
2026-08-21
$80.00
7/3/2026, 11:33:41 PM
2026-10-16
$90.00
7/3/2026, 11:33:41 PM
2026-12-18
$95.00
7/3/2026, 11:33:41 PM
2027-01-15
$90.00
7/3/2026, 11:33:41 PM
Selected expiration: 2026-07-17 at max pain $75.00.
WFRD pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
891000
891000
40
9000
796500
805500
50
28000
607500
635500
55
37500
514000
551500
60
47000
427500
474500
65
56500
344000
400500
70
66500
267500
334000
75
79000
193500
272500
80
149000
129000
278000
85
221500
85000
306500
90
298500
51500
350000
95
405500
29000
434500
100
528500
14500
543000
105
1364000
7500
1371500
110
2214000
2000
2216000
115
3091000
1500
3092500
120
4145000
1000
4146000
125
5222000
500
5222500
130
6304000
0
6304000
135
7391000
0
7391000
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.