This page reflects AGL 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 — AGL
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $95.00 (10.86 above 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
±$9.45
±11.2%
Days to Expiry
14
Calendar days
Total Call OI
995
Nearest expiry
Total Put OI
960
Nearest expiry
P/C OI Ratio
0.96
Put-heavy
Spot Price
$84.14
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$90.00
8/21/2026, 11:02:13 PM
2026-09-18
$90.00
9/18/2026, 11:02:07 PM
2026-10-16NextUpdated
$95.00
10/2/2026, 11:02:11 PM
2026-11-20
$90.00
10/2/2026, 11:02:11 PM
2027-01-15
$4.50
10/2/2026, 11:02:11 PM
2027-03-19
$100.00
10/2/2026, 11:02:11 PM
2027-04-16
$90.00
10/2/2026, 11:02:11 PM
Selected expiration: 2026-10-16 at max pain $95.00.
AGL pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
8057600
8057600
1
350
8009600
8009950
2
2050
7913600
7915650
3
7750
7817600
7825350
4
13450
7721600
7735050
5
19150
7625600
7644750
9
41950
7241600
7283550
10
47650
7145600
7193250
11
53350
7049600
7102950
12
59050
6953600
7012650
13
64750
6857600
6922350
14
70450
6761700
6832150
15
76150
6665900
6742050
16
81850
6570300
6652150
17
87750
6474800
6562550
18
93750
6379300
6473050
19
99850
6283800
6383650
20
105950
6188300
6294250
22
120150
5997300
6117450
25
142350
5710800
5853150
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.