This page reflects ACM 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 — ACM
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $70.00 (2.26 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$4.08
±6.0%
Days to Expiry
15
Calendar days
Total Call OI
2,699
Nearest expiry
Total Put OI
811
Nearest expiry
P/C OI Ratio
0.30
Put-heavy
Spot Price
$67.74
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
$77.50
5/15/2026, 11:01:14 PM
2026-06-18
$72.50
6/18/2026, 11:01:32 PM
2026-07-17NextUpdated
$70.00
7/3/2026, 11:01:24 PM
2026-08-21
$80.00
7/3/2026, 11:01:24 PM
2026-09-18
$75.00
7/3/2026, 11:01:24 PM
2026-10-16
$80.00
7/3/2026, 11:01:24 PM
2026-12-18
$85.00
7/3/2026, 11:01:24 PM
Selected expiration: 2026-07-17 at max pain $70.00.
ACM pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
1239250
1239250
55
0
843750
843750
60
0
520250
520250
62.5
1000
384250
385250
65
2000
267250
269250
67.5
6500
197000
203500
70
15250
132750
148000
72.5
122000
101750
223750
75
245000
86500
331500
77.5
428250
74500
502750
80
627500
64750
692250
82.5
856750
57250
914000
85
1118250
50500
1168750
87.5
1404500
45250
1449750
90
1691000
40000
1731000
92.5
1981000
34750
2015750
95
2274500
29500
2304000
97.5
2570500
24750
2595250
100
2866750
20000
2886750
105
3473250
15000
3488250
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.