thetaOwl

WMT

Walmart Inc.Close $111.84EOD only
Max Pain
$109.00
Next expiry Jul 10, 2026
Expected Move
±$3.06
2.7% from close
Price Gap
-2.84
Distance to max pain
IV Rank
10
Low premium
P/C OI
0.85
Slightly call-heavy
Consensus
3/4
Partial coverage
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects WMT 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 — WMT
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $109.00 (2.84 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$109.00
Nearest expiry
Expected Move
±$3.06
±2.7%
Days to Expiry
8
Calendar days
Total Call OI
29,171
Nearest expiry
Total Put OI
12,262
Nearest expiry
P/C OI Ratio
0.42
Put-heavy
Spot Price
$111.84
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$117.006/26/2026, 11:33:18 PM
2026-07-02$110.007/2/2026, 11:36:58 PM
2026-07-10NextUpdated$109.007/3/2026, 11:34:22 PM
2026-07-17$115.007/3/2026, 11:34:22 PM
2026-07-24$113.007/3/2026, 11:34:22 PM
2026-07-31$111.007/3/2026, 11:34:22 PM
2026-08-07$110.007/3/2026, 11:34:22 PM
2026-08-21$120.007/3/2026, 11:34:22 PM
2026-09-18$115.007/3/2026, 11:34:22 PM
2026-11-20$120.007/3/2026, 11:34:22 PM
2026-12-18$97.507/3/2026, 11:34:22 PM
2027-01-15$110.007/3/2026, 11:34:22 PM
2027-03-19$120.007/3/2026, 11:34:22 PM
2027-06-17$97.507/3/2026, 11:34:22 PM
Selected expiration: 2026-07-10 at max pain $109.00.
WMT pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
7004612580046125800
75125003999480040007300
80255003386380033889300
85400002773280027772800
90575002160180021659300
95755001547780015553300
1009350096023009695800
10210550074661007571600
10311150064362006547700
10411750054199005537400
10513780044545004592300
10621240037306003943000
10729590030681003364000
10840610025510002957100
10964950020666002716100
110111210016068002718900
111177460012104002985000
11224964008552003351600
11332687005395003808200
11441113002808004392100
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.