thetaOwl
HomeOptionsAEMMax Pain

AEM

Agnico Eagle Mines LimitedClose $153.86EOD only
Max Pain
$155.00
Next expiry Jul 10, 2026
Expected Move
±$7.28
4.7% from close
Price Gap
+1.14
Distance to max pain
IV Rank
26
Middle-high premium
P/C OI
0.66
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects AEM 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 — AEM
Data as of market close Jul 2, 2026
Open Available Reports (4/4)

Nearest listed expiration 2026-07-10 shows max pain at $155.00 (1.14 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$155.00
Nearest expiry
Expected Move
±$7.28
±4.7%
Days to Expiry
8
Calendar days
Total Call OI
1,704
Nearest expiry
Total Put OI
1,092
Nearest expiry
P/C OI Ratio
0.64
Put-heavy
Spot Price
$153.86
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$162.506/26/2026, 11:02:05 PM
2026-07-02$157.507/2/2026, 11:02:22 PM
2026-07-10NextUpdated$155.007/3/2026, 11:01:46 PM
2026-07-17$165.007/3/2026, 11:01:46 PM
2026-07-24$160.007/3/2026, 11:01:46 PM
2026-07-31$155.007/3/2026, 11:01:46 PM
2026-08-07$155.007/3/2026, 11:01:46 PM
2026-08-21$175.007/3/2026, 11:01:46 PM
2026-09-18$175.007/3/2026, 11:01:46 PM
2026-10-16$165.007/3/2026, 11:01:46 PM
2026-11-20$155.007/3/2026, 11:01:46 PM
2026-12-18$160.007/3/2026, 11:01:46 PM
2027-01-15$150.007/3/2026, 11:01:46 PM
2027-02-19$170.007/3/2026, 11:01:46 PM
2027-03-19$170.007/3/2026, 11:01:46 PM
2027-06-17$135.007/3/2026, 11:01:46 PM
Selected expiration: 2026-07-10 at max pain $155.00.
AEM pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
110043509004350900
120200032639003265900
1303900021769002215900
1355750016344001691900
1407600010994001175400
14594500741900836400
149110100475500585600
150114000411000525000
152.5130000339750469750
155146000273250419250
157.5297750218000515750
160452500166500619000
162.5626000125250751250
16581575084000899750
167.51041500452501086750
170130100067501307750
172.5157000035001573500
17518642502501864500
177.5224700002247000
180263125002631250
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.