This page reflects WWD 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 — WWD
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $390.00 (28.02 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$390.00
Nearest expiry
Expected Move
±$24.40
±5.8%
Days to Expiry
15
Calendar days
Total Call OI
2,252
Nearest expiry
Total Put OI
1,987
Nearest expiry
P/C OI Ratio
0.88
Put-heavy
Spot Price
$418.02
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
$380.00
5/15/2026, 11:45:10 PM
2026-06-18
$370.00
6/18/2026, 11:39:02 PM
2026-07-17NextUpdated
$390.00
7/3/2026, 11:32:59 PM
2026-08-21
$410.00
7/3/2026, 11:32:59 PM
2026-10-16
$380.00
7/3/2026, 11:32:59 PM
2026-12-18
$340.00
7/3/2026, 11:32:59 PM
2027-01-15
$350.00
7/3/2026, 11:32:59 PM
Selected expiration: 2026-07-17 at max pain $390.00.
WWD pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
135
0
50522500
50522500
140
0
49530000
49530000
145
0
48538500
48538500
150
0
47548000
47548000
155
0
46558000
46558000
160
0
45569000
45569000
165
500
44580500
44581000
170
1500
43593000
43594500
175
2500
42606500
42609000
180
3500
41620000
41623500
185
5000
40633500
40638500
190
7000
39649000
39656000
195
9000
38664500
38673500
200
11000
37680000
37691000
210
17000
35718000
35735000
220
24000
33764000
33788000
230
31000
31810000
31841000
240
38000
29856000
29894000
250
45000
27909000
27954000
260
52000
25965000
26017000
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.