This page reflects ACET options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 22, 2026 close
Max Pain — ACET
Data as of market close May 22, 2026
Nearest listed expiration 2026-07-17 shows max pain at $0.50 (7.80 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$0.50
Nearest expiry
Expected Move
±$3.88
±46.7%
Days to Expiry
56
Calendar days
Total Call OI
1,538
Nearest expiry
Total Put OI
59
Nearest expiry
P/C OI Ratio
0.04
Put-heavy
Spot Price
$8.30
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
2026-04-17
$1.00
4/17/2026, 11:01:17 PM
2026-05-15
$7.50
5/15/2026, 11:01:35 PM
2026-07-17NextUpdated
$0.50
5/22/2026, 11:01:15 PM
2026-10-16
$10.00
5/22/2026, 11:01:15 PM
Selected expiration: 2026-07-17 at max pain $0.50.
ACET pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
33050
33050
1
6900
30100
37000
1.5
76650
27350
104000
2.5
217150
22250
239400
5
568400
9500
577900
7.5
920650
1750
922400
10
1276650
750
1277400
12.5
1656150
250
1656400
15
2037400
0
2037400
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.