This page reflects ALGM 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 — ALGM
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $55.00 (0.49 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$8.45
±15.2%
Days to Expiry
15
Calendar days
Total Call OI
2,218
Nearest expiry
Total Put OI
914
Nearest expiry
P/C OI Ratio
0.41
Put-heavy
Spot Price
$55.49
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, 11:03:02 PM
2026-06-18
$45.00
6/18/2026, 11:02:22 PM
2026-07-17NextUpdated
$55.00
7/3/2026, 11:02:18 PM
2026-08-21
$50.00
7/3/2026, 11:02:18 PM
2026-11-20
$50.00
7/3/2026, 11:02:18 PM
2027-01-15
$30.00
7/3/2026, 11:02:18 PM
2027-02-19
$27.50
7/3/2026, 11:02:18 PM
2027-05-21
$35.00
7/3/2026, 11:02:18 PM
Selected expiration: 2026-07-17 at max pain $55.00.
ALGM pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
2212750
2212750
30
0
1782250
1782250
32.5
0
1573500
1573500
35
0
1366000
1366000
37.5
3000
1187250
1190250
40
6000
1012750
1018750
42.5
21250
850500
871750
45
36750
693000
729750
47.5
56500
550500
607000
50
79750
410750
490500
52.5
107500
288500
396000
55
146750
173000
319750
57.5
215250
116000
331250
60
306750
67750
374500
62.5
581250
40750
622000
65
866250
15000
881250
67.5
1198500
0
1198500
70
1536750
0
1536750
75
2273250
0
2273250
80
3325750
0
3325750
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.