DAILY INTELLIGENCE

Options Intelligence

Max pain, gamma exposure, and the options market's hidden signals

10 symbols tracked. Options-derived intelligence. Last updated: 2026-06-04.

SECTION 01

Options Snapshot

Max pain is the strike where most options expire worthless. Expected move is the market's priced-in range for the next expiry. IV Rank shows how expensive options are relative to the past year.

SymbolMax PainExpected MoveIV RankPut/Call OI
AAPL$110.001.6%N/AN/A
AMD$40.005.2%N/AN/A
AMZN$130.002.2%N/AN/A
IWM$180.000.8%N/AN/A
META$100.002.4%N/AN/A
MSFT$270.002.3%N/AN/A
NVDA$50.002.7%N/AN/A
QQQ$495.000.9%N/AN/A
SPY$500.000.5%N/AN/A
TSLA$80.003.0%N/AN/A
Options Edge: When price deviates far from max pain near expiry, dealers must hedge. This creates a gravitational pull back toward max pain. P/C ratio above 1.2 signals fear; below 0.7 signals complacency.

This is analysis, not financial advice. Past performance does not guarantee future results. Always manage your risk.

Data refreshed daily. Last update: 04 Jun 2026 05:29 UTC

Get our daily market read free. Join thousands of traders.

Free Explorer Access