This page reflects ALGN 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 — ALGN
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $180.00 (4.52 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$180.00
Nearest expiry
Expected Move
±$8.20
±4.4%
Days to Expiry
8
Calendar days
Total Call OI
228
Nearest expiry
Total Put OI
1,553
Nearest expiry
P/C OI Ratio
6.81
Put-heavy
Spot Price
$184.52
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$180.00
6/26/2026, 11:02:12 PM
2026-07-02
$175.00
7/2/2026, 11:03:07 PM
2026-07-10NextUpdated
$180.00
7/3/2026, 11:03:08 PM
2026-07-17
$170.00
7/3/2026, 11:03:08 PM
2026-07-24
$180.00
7/3/2026, 11:03:08 PM
2026-07-31
$170.00
7/3/2026, 11:03:08 PM
2026-08-21
$170.00
7/3/2026, 11:03:08 PM
2026-09-18
$170.00
7/3/2026, 11:03:08 PM
2026-10-16
$190.00
7/3/2026, 11:03:08 PM
2026-12-18
$150.00
7/3/2026, 11:03:08 PM
2027-01-15
$170.00
7/3/2026, 11:03:08 PM
2027-03-19
$155.00
7/3/2026, 11:03:08 PM
Selected expiration: 2026-07-10 at max pain $180.00.
ALGN pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
120
0
7343250
7343250
125
0
6613750
6613750
130
0
5886250
5886250
140
0
4447250
4447250
145
0
3737250
3737250
150
0
3028250
3028250
155
0
2333250
2333250
160
0
1642250
1642250
165
0
957250
957250
167.5
250
631250
631500
170
500
383500
384000
172.5
7750
165750
173500
175
15000
38000
53000
177.5
23250
20250
43500
180
32250
2500
34750
182.5
54750
1750
56500
185
77750
1000
78750
190
157750
0
157750
192.5
210500
0
210500
195
263500
0
263500
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.