This page reflects WGS 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 — WGS
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $60.00 (7.51 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$5.93
±8.8%
Days to Expiry
8
Calendar days
Total Call OI
188
Nearest expiry
Total Put OI
223
Nearest expiry
P/C OI Ratio
1.19
Put-heavy
Spot Price
$67.51
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$55.00
6/26/2026, 11:34:50 PM
2026-07-02
$63.00
7/2/2026, 11:35:36 PM
2026-07-10NextUpdated
$60.00
7/3/2026, 11:34:02 PM
2026-07-17
$60.00
7/3/2026, 11:34:02 PM
2026-07-24
$59.00
7/3/2026, 11:34:02 PM
2026-07-31
$50.00
7/3/2026, 11:34:02 PM
2026-08-07
$61.00
7/3/2026, 11:34:02 PM
2026-08-21
$57.50
7/3/2026, 11:34:02 PM
2026-09-18
$50.00
7/3/2026, 11:34:02 PM
2026-12-18
$55.00
7/3/2026, 11:34:02 PM
2027-01-15
$42.50
7/3/2026, 11:34:02 PM
Selected expiration: 2026-07-10 at max pain $60.00.
WGS pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
696400
696400
45
2000
250400
252400
47
2200
207800
210000
48
2400
186800
189200
50
3400
144800
148200
51
4000
125800
129800
52
5600
106900
112500
53
7200
88000
95200
54
8800
70100
78900
55
10500
53000
63500
56
13100
37900
51000
57
15800
22800
38600
58
18700
18200
36900
59
21600
14100
35700
60
24900
10500
35400
61
28300
8300
36600
62
31900
6300
38200
63
40000
4700
44700
64
48700
3100
51800
65
57900
2500
60400
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.