This page reflects AGX options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — AGX
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $660.00 (29.50 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$660.00
Nearest expiry
Expected Move
±$127.65
±20.3%
Days to Expiry
29
Calendar days
Total Call OI
1,210
Nearest expiry
Total Put OI
1,724
Nearest expiry
P/C OI Ratio
1.42
Put-heavy
Spot Price
$630.50
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$520.00
4/17/2026, 11:02:37 PM
2026-05-15
$660.00
5/15/2026, 11:01:49 PM
2026-06-18NextUpdated
$660.00
5/20/2026, 11:02:07 PM
2026-07-17
$520.00
5/20/2026, 11:02:07 PM
2026-10-16
$540.00
5/20/2026, 11:02:07 PM
2026-12-18
$430.00
5/20/2026, 11:02:07 PM
2027-01-15
$750.00
5/20/2026, 11:02:07 PM
Selected expiration: 2026-06-18 at max pain $660.00.
AGX pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
360
0
31357000
31357000
370
0
29783000
29783000
380
0
28210000
28210000
390
0
26639000
26639000
400
0
25076000
25076000
410
1000
23516000
23517000
420
2000
21960000
21962000
430
3000
20406000
20409000
440
5000
18863000
18868000
450
7000
17343000
17350000
460
9000
15877000
15886000
470
11000
14454000
14465000
480
13000
13063000
13076000
490
15000
11711000
11726000
500
17000
10432000
10449000
510
23000
9257000
9280000
520
29000
8100000
8129000
530
35000
6999000
7034000
540
41000
5945000
5986000
550
52000
4944000
4996000
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.