This page reflects WRBY 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 — WRBY
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $23.00 (6.26 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$23.00
Nearest expiry
Expected Move
±$1.38
±4.7%
Days to Expiry
8
Calendar days
Total Call OI
2,319
Nearest expiry
Total Put OI
496
Nearest expiry
P/C OI Ratio
0.21
Put-heavy
Spot Price
$29.26
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
$26.00
6/26/2026, 11:33:14 PM
2026-07-02
$27.50
7/2/2026, 11:37:41 PM
2026-07-10NextUpdated
$23.00
7/3/2026, 11:33:46 PM
2026-07-17
$22.50
7/3/2026, 11:33:46 PM
2026-07-24
$25.00
7/3/2026, 11:33:46 PM
2026-07-31
$28.00
7/3/2026, 11:33:46 PM
2026-08-07
$28.00
7/3/2026, 11:33:46 PM
2026-08-21
$25.00
7/3/2026, 11:33:46 PM
2026-09-18
$25.00
7/3/2026, 11:33:46 PM
2026-12-18
$20.00
7/3/2026, 11:33:46 PM
2027-01-15
$20.00
7/3/2026, 11:33:46 PM
Selected expiration: 2026-07-10 at max pain $23.00.
WRBY pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
15
0
399500
399500
16
0
351100
351100
17
0
304700
304700
18
0
260500
260500
19
0
217500
217500
20
0
177800
177800
21
0
142300
142300
22
0
110500
110500
23
0
79300
79300
23.5
40200
63850
104050
24
80400
48650
129050
24.5
120600
39650
160250
25
160800
30950
191750
25.5
201650
23350
225000
26
242550
15800
258350
27
324850
4100
328950
27.5
366500
1950
368450
28
408700
1000
409700
29
493800
500
494300
30
678900
0
678900
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.