SPY
Price
$742.50 @ 7:59 PM (Delayed)
Max Pain
$745.00
Total OI
3,765,621
Calls
957,658 (25%)
Puts
2,807,963 (75%)

Max Pain by Strike

Open Interest Distribution

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Max Pain

SPY maturity 07/17/26 created 07/18/26 7:52 AM Max Pain $745.00

Call Strike Put Total Difference
OI Cash OI Cash

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Open Interest by Strike

Call Strike Put
OI Vol IV OI Vol IV

Maximum Pain - Options Expiration Price Targets

Max Pain is a concept in options trading, offering valuable insights into potential market movements and trader behavior. Max Pain refers to the price level where the greatest number of option contracts would expire worthless, resulting in maximum losses for option buyers.