This page reflects AGL options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 6, 2026 close
Max Pain — AGL
Data as of market close Jul 6, 2026
Nearest listed expiration 2026-07-17 shows max pain at $95.00 (12.60 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$95.00
Nearest expiry
Expected Move
±$15.40
±14.3%
Days to Expiry
11
Calendar days
Total Call OI
1,050
Nearest expiry
Total Put OI
836
Nearest expiry
P/C OI Ratio
0.80
Put-heavy
Spot Price
$107.60
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
$40.00
5/15/2026, 11:02:41 PM
2026-06-18
$95.00
6/18/2026, 11:01:44 PM
2026-07-17NextUpdated
$95.00
7/6/2026, 11:02:20 PM
2026-08-21
$105.00
7/6/2026, 11:02:20 PM
2026-10-16
$110.00
7/6/2026, 11:02:20 PM
2027-01-15
$4.50
7/6/2026, 11:02:20 PM
2027-03-19
$100.00
7/6/2026, 11:02:20 PM
Selected expiration: 2026-07-17 at max pain $95.00.
AGL pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
4732050
4732050
1
8650
4690250
4698900
1.5
17300
4648600
4665900
2
27550
4607200
4634750
3
48150
4524400
4572550
4
68850
4473500
4542350
5
89650
4425100
4514750
6
110550
4376700
4487250
8
152750
4281900
4434650
9
173850
4234500
4408350
11
216050
4141700
4357750
13
258250
4049100
4307350
14
279550
4002800
4282350
19
386550
3771800
4158350
22
461250
3633200
4094450
23
490650
3587100
4077750
25
552450
3494900
4047350
26
583350
3450400
4033750
35
861450
3049900
3911350
37
924250
2960900
3885150
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.