This page reflects ALMU 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 — ALMU
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $14.00 (0.88 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$14.00
Nearest expiry
Expected Move
±$1.85
±14.1%
Days to Expiry
14
Calendar days
Total Call OI
1,437
Nearest expiry
Total Put OI
945
Nearest expiry
P/C OI Ratio
0.66
Put-heavy
Spot Price
$13.12
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
$16.00
8/21/2026, 11:02:46 PM
2026-09-18
$12.50
9/18/2026, 11:02:31 PM
2026-10-16NextUpdated
$14.00
10/2/2026, 11:02:20 PM
2026-11-20
$14.00
10/2/2026, 11:02:20 PM
2027-02-19
$12.50
10/2/2026, 11:02:20 PM
2027-05-21
$5.00
10/2/2026, 11:02:20 PM
Selected expiration: 2026-10-16 at max pain $14.00.
ALMU pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
7
0
429100
429100
8
0
338300
338300
9
1100
250000
251100
10
2200
166500
168700
11
3900
104300
108200
12
6100
63900
70000
13
10800
41000
51800
14
20700
26300
47000
15
77500
17100
94600
16
172000
8800
180800
17
280800
3500
284300
18
396800
500
397300
19
516000
0
516000
20
636600
0
636600
21
767000
0
767000
23
1052000
0
1052000
25
1338400
0
1338400
30
2056400
0
2056400
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.