Free ORLY Max Pain - O'Reilly Automotive Max Pain
Use free ORLY Max Pain to find the candidate strike with the lowest combined call and put intrinsic value for O'Reilly Automotive at one selected expiration. Compare the full pain curve alongside business context that includes consumer demand, pricing, inventory, and operating margins.
How to use the ORLY Max Pain tool
Confirm ORLY
ORLY is already entered. Keep it or search another ticker.
Choose an expiration
Select the expiration you want the calculation to use.
Calculate Max Pain
Generate the result, then compare Max Pain with price and the full pain chart.
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What is Max Pain?
Max Pain is the strike price at which option sellers (market makers) would lose the least amount of money if the stock expired at that price. The theory suggests stocks tend to gravitate toward this price near expiration.
Chart Legend:
- Green bars: Call option pain per strike
- Red bars: Put option pain per strike
- Blue line: Max Pain strike
- Red line: Current underlying price
Key levels
ORLY max pain in detail
Computed
Spot
$85.65
Max pain strike
$85
0.8% below spot
Expiration
2026-10-16
Lowest total pain by strike
| Strike | Call pain | Put pain | Total |
|---|---|---|---|
| $85 | $131K | $64K | $195K |
| $90 | $386K | $16K | $401K |
| $80 | $500 | $2.2M | $2.2M |
| $95 | $2.3M | $0 | $2.3M |
| $75 | $0 | $4.8M | $4.8M |
Reviewed by the QuantWheel research team. Computed from listed ORLY open interest for the expiration shown; a reference level, not a forecast. Read how we compute ORLY max pain.
Continue with ORLY options analysis
Open the Max Pain workspace when you want to keep the calculation alongside your other options tools.
Understanding ORLY Max Pain
The ORLY options chain represents O'Reilly Automotive. Evaluate its open-interest distribution alongside business context that includes consumer demand, pricing, inventory, and operating margins. Compare Max Pain across available expirations because the distribution can differ from one expiration to another.
For ORLY, the calculator tests each candidate strike against call and put open interest for the selected expiration. Review the full curve with the result. The calculation describes the selected chain and does not predict where O'Reilly Automotive will trade.
How the ORLY Max Pain calculation works
QuantWheel tests each strike as a possible expiration price. It adds the intrinsic value of open calls and puts at that price, weighted by open interest and the contract multiplier. The strike with the lowest combined value is displayed as ORLY Max Pain.
This calculation uses the selected options chain. It does not measure dealer inventory, intent, future order flow or the probability that ORLY will finish at the calculated strike.
ORLY Max Pain FAQ
What is ORLY Max Pain?
ORLY Max Pain is the candidate expiration price where the combined intrinsic value of outstanding ORLY calls and puts is lowest for the selected expiration. It is a calculation based on open interest, not a prediction of where ORLY will trade.
How is ORLY Max Pain calculated?
For each candidate price, QuantWheel calculates call and put intrinsic value across the selected ORLY options chain, multiplies each value by open interest and the 100-share contract multiplier, then adds the totals. The candidate price with the lowest combined total is the Max Pain strike.
Which ORLY expiration should I select?
Select the exact ORLY expiration you want to examine. Weekly and monthly expirations can have different open-interest distributions, so compare them separately instead of applying one result to every date.
How should I use ORLY Max Pain?
Compare the calculated strike with ORLY price and the full call and put pain chart for the same expiration. Use it as expiration context alongside liquidity, gamma exposure and your own risk plan rather than as a standalone trading signal.
Is ORLY Max Pain a price target?
No. ORLY Max Pain does not forecast price and does not prove that traders or market makers will move ORLY toward a particular strike. News, volatility, liquidity and positioning can outweigh any expiration-related pinning effect.
Is the ORLY Max Pain calculator free?
Yes. QuantWheel provides a limited number of free ORLY Max Pain calculations. The calculator shows how many free calculations remain before you run another expiration.