This page reflects ACI 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 — ACI
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $14.00 (0.13 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$14.00
Nearest expiry
Expected Move
±$0.55
±3.9%
Days to Expiry
8
Calendar days
Total Call OI
595
Nearest expiry
Total Put OI
491
Nearest expiry
P/C OI Ratio
0.83
Put-heavy
Spot Price
$14.13
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$14.00
6/26/2026, 11:01:35 PM
2026-07-02
$13.50
7/2/2026, 11:01:20 PM
2026-07-10NextUpdated
$14.00
7/3/2026, 11:01:36 PM
2026-07-17
$15.00
7/3/2026, 11:01:36 PM
2026-07-24
$15.00
7/3/2026, 11:01:36 PM
2026-07-31
$14.00
7/3/2026, 11:01:36 PM
2026-08-21
$13.00
7/3/2026, 11:01:36 PM
2026-10-16
$15.00
7/3/2026, 11:01:36 PM
2027-01-15
$15.00
7/3/2026, 11:01:36 PM
Selected expiration: 2026-07-10 at max pain $14.00.
ACI pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
430850
430850
6
3200
381750
384950
7
7200
332650
339850
9
15800
234450
250250
10
20200
185350
205550
11
24600
136350
160950
12
29100
87350
116450
12.5
31600
62900
94500
13
34100
38850
72950
13.5
36700
22800
59500
14
44000
13400
57400
14.5
57100
6850
63950
15
76250
300
76550
15.5
105450
200
105650
16
134850
100
134950
17
193950
0
193950
18
253150
0
253150
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.