This page reflects ACLS 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 — ACLS
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $165.00 (20.50 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$165.00
Nearest expiry
Expected Move
±$20.35
±14.1%
Days to Expiry
15
Calendar days
Total Call OI
3,924
Nearest expiry
Total Put OI
656
Nearest expiry
P/C OI Ratio
0.17
Put-heavy
Spot Price
$144.50
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
$115.00
5/15/2026, 11:01:24 PM
2026-06-18
$125.00
6/18/2026, 11:01:31 PM
2026-07-17NextUpdated
$165.00
7/3/2026, 11:01:41 PM
2026-08-21
$155.00
7/3/2026, 11:01:41 PM
2026-09-18
$130.00
7/3/2026, 11:01:41 PM
2026-11-20
$80.00
7/3/2026, 11:01:41 PM
2026-12-18
$125.00
7/3/2026, 11:01:41 PM
Selected expiration: 2026-07-17 at max pain $165.00.
ACLS pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
95
0
4517500
4517500
100
0
4190000
4190000
105
0
3863500
3863500
110
1000
3542500
3543500
115
2000
3227500
3229500
120
3000
2914500
2917500
125
8500
2612000
2620500
130
14500
2315500
2330000
135
22000
2029500
2051500
140
29500
1746500
1776000
145
39000
1478500
1517500
150
51500
1225500
1277000
155
129000
1004000
1133000
160
214000
801000
1015000
165
349500
619500
969000
170
496500
507500
1004000
175
655000
405500
1060500
180
825000
311500
1136500
185
1025500
219500
1245000
190
1792000
131000
1923000
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.