This page reflects WGO 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 — WGO
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $30.00 (1.16 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$2.55
±8.2%
Days to Expiry
15
Calendar days
Total Call OI
6,179
Nearest expiry
Total Put OI
1,755
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$31.16
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
$35.00
5/15/2026, 11:46:51 PM
2026-06-18
$30.00
6/18/2026, 11:33:54 PM
2026-07-17NextUpdated
$30.00
7/3/2026, 11:30:55 PM
2026-08-21
$30.00
7/3/2026, 11:30:55 PM
2026-10-16
$30.00
7/3/2026, 11:30:55 PM
2026-12-18
$30.00
7/3/2026, 11:30:55 PM
2027-01-15
$30.00
7/3/2026, 11:30:55 PM
Selected expiration: 2026-07-17 at max pain $30.00.
WGO pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
17.5
0
1280250
1280250
20
0
972500
972500
22.5
0
691000
691000
25
250
436500
436750
27.5
12000
239250
251250
30
31000
151250
182250
32.5
116500
90250
206750
35
318250
59750
378000
37.5
589000
33250
622250
40
926250
27750
954000
42.5
1296250
22750
1319000
45
1673000
17750
1690750
47.5
2059500
12750
2072250
50
2833750
8500
2842250
52.5
3612000
4250
3616250
55
4390250
500
4390750
57.5
5929000
0
5929000
60
7467750
0
7467750
65
10548250
0
10548250
70
13636750
0
13636750
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.