Williams Companies, Inc. (The)Close $73.14EOD only
Max Pain
$76.00
Next expiry Jul 10, 2026
Expected Move
±$2.05
2.8% from close
Price Gap
+2.86
Distance to max pain
IV Rank
0
Low premium
P/C OI
0.48
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects WMB 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 — WMB
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $76.00 (2.86 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$76.00
Nearest expiry
Expected Move
±$2.05
±2.8%
Days to Expiry
8
Calendar days
Total Call OI
4,544
Nearest expiry
Total Put OI
3,529
Nearest expiry
P/C OI Ratio
0.78
Put-heavy
Spot Price
$73.14
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
$75.00
6/26/2026, 11:33:56 PM
2026-07-02
$74.00
7/2/2026, 11:37:35 PM
2026-07-10NextUpdated
$76.00
7/3/2026, 11:33:39 PM
2026-07-17
$75.00
7/3/2026, 11:33:39 PM
2026-07-24
$68.00
7/3/2026, 11:33:39 PM
2026-07-31
$71.00
7/3/2026, 11:33:39 PM
2026-08-07
$75.00
7/3/2026, 11:33:39 PM
2026-08-21
$75.00
7/3/2026, 11:33:39 PM
2026-09-18
$70.00
7/3/2026, 11:33:39 PM
2026-11-20
$70.00
7/3/2026, 11:33:39 PM
2026-12-18
$70.00
7/3/2026, 11:33:39 PM
2027-01-15
$65.00
7/3/2026, 11:33:39 PM
2027-02-19
$55.00
7/3/2026, 11:33:39 PM
2027-03-19
$65.00
7/3/2026, 11:33:39 PM
2027-06-17
$70.00
7/3/2026, 11:33:39 PM
Selected expiration: 2026-07-10 at max pain $76.00.
WMB pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
61
0
4385100
4385100
62
0
4032400
4032400
63
0
3679800
3679800
64
0
3327400
3327400
65
0
2975100
2975100
67
0
2270700
2270700
68
0
1954100
1954100
69
0
1638100
1638100
70
0
1325300
1325300
71
0
1013800
1013800
72
1000
702300
703300
73
2800
399600
402400
74
6900
236800
243700
75
60500
112200
172700
76
148500
200
148700
77
479900
100
480000
78
849600
0
849600
79
1226000
0
1226000
80
1604400
0
1604400
81
2039900
0
2039900
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.