thetaOwl

ACLS

Axcelis Technologies, Inc.Close $147.77EOD only
Max Pain
$115.00
Next expiry Oct 16, 2026
Expected Move
±$13.15
8.9% from close
Price Gap
-32.77
Distance to max pain
IV Rank
12
Low premium
P/C OI
0.55
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects ACLS 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 — ACLS
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-16 shows max pain at $115.00 (32.77 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$115.00
Nearest expiry
Expected Move
±$13.15
±8.9%
Days to Expiry
14
Calendar days
Total Call OI
603
Nearest expiry
Total Put OI
414
Nearest expiry
P/C OI Ratio
0.69
Put-heavy
Spot Price
$147.77
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-16
ExpirationMax Pain StrikeLast Updated
2026-08-21$125.008/21/2026, 11:01:26 PM
2026-09-18$105.009/18/2026, 11:01:37 PM
2026-10-16NextUpdated$115.0010/2/2026, 11:01:25 PM
2026-11-20$100.0010/2/2026, 11:01:25 PM
2026-12-18$120.0010/2/2026, 11:01:25 PM
2027-03-19$115.0010/2/2026, 11:01:25 PM
Selected expiration: 2026-10-16 at max pain $115.00.
ACLS pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
80010500001050000
850868000868000
90500690500691000
951000541500542500
1001500428500430000
1053000323000326000
11015500225000240500
11568500140000208500
12014000082000222000
12523950034000273500
13039650014500411000
1355750007000582000
1408085004000812500
145106200010001063000
150131650001316500
155157550001575500
160184750001847500
165213300002133000
170242400002424000
180301000003010000
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.