This page reflects ABSI 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 — ABSI
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $4.00 (7.62 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$4.00
Nearest expiry
Expected Move
±$2.45
±21.1%
Days to Expiry
15
Calendar days
Total Call OI
11,335
Nearest expiry
Total Put OI
2,382
Nearest expiry
P/C OI Ratio
0.21
Put-heavy
Spot Price
$11.62
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
$3.00
5/15/2026, 11:01:04 PM
2026-06-18
$3.00
6/18/2026, 11:01:18 PM
2026-07-17NextUpdated
$4.00
7/3/2026, 11:01:17 PM
2026-08-21
$3.00
7/3/2026, 11:01:17 PM
2026-11-20
$5.00
7/3/2026, 11:01:17 PM
2027-01-15
$4.00
7/3/2026, 11:01:17 PM
Selected expiration: 2026-07-17 at max pain $4.00.
ABSI pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
1680700
1680700
3
600
1204300
1204900
4
210500
966100
1176600
5
571700
728300
1300000
6
1069500
535500
1605000
7
1770800
358700
2129500
8
2487500
225200
2712700
9
3269000
122500
3391500
10
4145800
31800
4177600
11
5113200
11900
5125100
12
6126800
1100
6127900
13
7188700
900
7189600
14
8309600
700
8310300
15
9432000
500
9432500
17
11693200
300
11693500
20
15093700
0
15093700
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.