This page reflects AFL 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 — AFL
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $116.00 (4.88 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$116.00
Nearest expiry
Expected Move
±$1.07
±0.9%
Days to Expiry
8
Calendar days
Total Call OI
1,584
Nearest expiry
Total Put OI
837
Nearest expiry
P/C OI Ratio
0.53
Put-heavy
Spot Price
$120.88
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
$116.00
6/26/2026, 11:02:15 PM
2026-07-02
$117.00
7/2/2026, 11:02:32 PM
2026-07-10NextUpdated
$116.00
7/3/2026, 11:01:42 PM
2026-07-17
$110.00
7/3/2026, 11:01:42 PM
2026-07-24
$75.00
7/3/2026, 11:01:42 PM
2026-07-31
$65.00
7/3/2026, 11:01:42 PM
2026-08-21
$110.00
7/3/2026, 11:01:42 PM
2026-09-18
$115.00
7/3/2026, 11:01:42 PM
2026-11-20
$115.00
7/3/2026, 11:01:42 PM
2026-12-18
$115.00
7/3/2026, 11:01:42 PM
2027-01-15
$110.00
7/3/2026, 11:01:42 PM
2027-02-19
$100.00
7/3/2026, 11:01:42 PM
2027-03-19
$125.00
7/3/2026, 11:01:42 PM
2027-06-17
$115.00
7/3/2026, 11:01:42 PM
Selected expiration: 2026-07-10 at max pain $116.00.
AFL pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
4752600
4752600
65
8000
4334100
4342100
70
17000
3915600
3932600
75
60000
3497100
3557100
80
144000
3078600
3222600
85
242000
2660100
2902100
90
382500
2241600
2624100
95
576000
1823100
2399100
100
794000
1404600
2198600
108
1184400
735000
1919400
109
1233200
651700
1884900
110
1282000
568500
1850500
111
1330800
486000
1816800
112
1379600
403800
1783400
113
1428400
321800
1750200
115
1526000
158200
1684200
116
1575000
106400
1681400
117
1639800
71700
1711500
118
1723300
37100
1760400
119
1807200
11100
1818300
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.