MOODYS CORP /DE/ (MCO) Max Pain

The max pain price for MOODYS CORP /DE/ (MCO) options is $450, 7.5% below the last close of $486.64. Max pain is the strike where the combined payout to all MCO option holders would be smallest at expiration — this page explains how it is computed, where it sits today, and how it has moved over the past year.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$486.64
52-week range
$411.61 – $539.32
ATM IV (30d)
35.7%
IV rank
71 / 100
High
Expected move
±$24.07 (±4.9%)
Put/call OI
0.78
Call-heavy
Max pain
$450
↓ 7.5% below close
Next earnings
Jul 26, 2026

MCO Max Pain vs. Share Price

$398.83$437.15$475.46$513.77$552.09Max painCloseJul '25Jan '26Jul '26

MCO daily max pain strike and closing price, past year.

Max pain strike$450
Last close$486.64
Distance to spot7.5% below spot
Call wall (largest call OI)$500
Put wall (largest put OI)$430
Top volume strike$460

$450 is the strike where the combined payout to all option holders would be smallest at expiration — 7.5% below the last close of $486.64. A gap between max pain and the share price is common; max pain describes positioning, not a forecast of where the stock will close. Max pain is little changed from $450 in Feb '26 to $450 today.

How it works: for every strike, sum what all open MCO calls and puts would pay out if the stock closed exactly there at expiration. The strike with the smallest total payout is max pain. Because it is driven by open interest, it moves as positions are opened and closed — it is a map of positioning, not a price target.

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MCO Options FAQ

What is the max pain price for MCO options?

The max pain price for MCO is $450 as of Jul 10, 2026. Max pain is the strike at which the total payout to option holders would be smallest if all contracts expired immediately.

How is MCO max pain calculated?

For every strike, OptiView sums what all open MCO call and put contracts would pay out if the stock closed exactly there at expiration. The strike with the smallest total payout is max pain — it is recomputed every trading day from open interest across all listed expirations.

Does MCO stock really move toward max pain?

Max pain describes option positioning, not a forecast. MCO's max pain of $450 currently sits 7.5% below the share price as of Jul 10, 2026. Prices sometimes drift toward heavy open-interest strikes near expiration as hedges unwind, but the effect is neither reliable nor tradable on its own.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.