This page reflects ACHR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — ACHR
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $5.00 (0.11 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$5.00
Nearest expiry
Expected Move
±$0.31
±6.2%
Days to Expiry
7
Calendar days
Total Call OI
17,075
Nearest expiry
Total Put OI
3,443
Nearest expiry
P/C OI Ratio
0.20
Put-heavy
Spot Price
$4.89
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$5.50
9/25/2026, 11:01:36 PM
2026-10-02Updated
$5.00
10/2/2026, 11:01:15 PM
2026-10-09Next
$5.00
10/2/2026, 11:01:15 PM
2026-10-16
$6.00
10/2/2026, 11:01:15 PM
2026-10-23
$5.00
10/2/2026, 11:01:15 PM
2026-10-30
$5.50
10/2/2026, 11:01:15 PM
2026-11-06
$5.50
10/2/2026, 11:01:15 PM
2026-11-20
$5.00
10/2/2026, 11:01:15 PM
2027-01-15
$5.00
10/2/2026, 11:01:15 PM
2027-04-16
$6.00
10/2/2026, 11:01:15 PM
Selected expiration: 2026-10-09 at max pain $5.00.
ACHR pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
1439050
1439050
1.5
21050
1266900
1287950
2
64550
1094750
1159300
2.5
122300
922600
1044900
3
185300
750450
935750
3.5
249350
578800
828150
4
313900
407150
721050
4.5
378950
243050
622000
5
444400
106050
550450
5.5
524300
39550
563850
6
709600
10600
720200
6.5
1035300
5400
1040700
7
1795450
1750
1797200
7.5
2576650
1150
2577800
8
3423600
550
3424150
8.5
4274250
250
4274500
9
5126150
100
5126250
9.5
5979100
50
5979150
10
6832350
0
6832350
10.5
7686100
0
7686100
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.