This page reflects YPF 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 — YPF
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $43.00 (1.40 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$43.00
Nearest expiry
Expected Move
±$2.52
±5.7%
Days to Expiry
15
Calendar days
Total Call OI
28,100
Nearest expiry
Total Put OI
14,236
Nearest expiry
P/C OI Ratio
0.51
Put-heavy
Spot Price
$44.40
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
$42.00
5/15/2026, 11:48:32 PM
2026-06-18
$45.00
6/18/2026, 11:39:11 PM
2026-07-17NextUpdated
$43.00
7/3/2026, 11:34:30 PM
2026-08-21
$49.00
7/3/2026, 11:34:30 PM
2026-10-16
$43.00
7/3/2026, 11:34:30 PM
2027-01-15
$50.00
7/3/2026, 11:34:30 PM
Selected expiration: 2026-07-17 at max pain $43.00.
YPF pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
25392600
25392600
25
0
18279600
18279600
29
8000
13036000
13044000
30
10000
11754400
11764400
31
17800
10818600
10836400
32
28300
9884200
9912500
33
39200
8951800
8991000
34
50200
8087500
8137700
35
70400
7238100
7308500
36
99700
6411200
6510900
37
147400
5589600
5737000
38
284100
4809500
5093600
39
486200
4091400
4577600
40
719300
3461300
4180600
41
1004100
2874600
3878700
42
1324300
2304000
3628300
43
1758600
1783700
3542300
44
2330900
1333000
3663900
45
2981200
948000
3929200
46
3866800
625800
4492600
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.