This page reflects ALC 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 — ALC
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $70.00 (6.24 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$2.50
±3.9%
Days to Expiry
14
Calendar days
Total Call OI
796
Nearest expiry
Total Put OI
954
Nearest expiry
P/C OI Ratio
1.20
Put-heavy
Spot Price
$63.76
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
$70.00
8/21/2026, 11:02:49 PM
2026-09-18
$67.50
9/18/2026, 11:02:46 PM
2026-10-16NextUpdated
$70.00
10/2/2026, 11:02:12 PM
2026-11-20
$67.50
10/2/2026, 11:02:12 PM
2026-12-18
$67.50
10/2/2026, 11:02:12 PM
2027-01-15
$65.00
10/2/2026, 11:02:12 PM
2027-02-19
$57.50
10/2/2026, 11:02:12 PM
2027-05-21
$62.50
10/2/2026, 11:02:12 PM
2027-06-17
$70.00
10/2/2026, 11:02:12 PM
Selected expiration: 2026-10-16 at max pain $70.00.
ALC pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
1195500
1195500
60
0
719500
719500
62.5
250
487250
487500
65
500
255750
256250
67.5
17500
108000
125500
70
81000
22500
103500
72.5
160750
0
160750
75
298250
0
298250
77.5
455250
0
455250
80
644500
0
644500
82.5
842000
0
842000
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.