This page reflects ALMU options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 19, 2026 close
Max Pain — ALMU
Data as of market close Aug 19, 2026
Nearest listed expiration 2026-08-21 shows max pain at $17.50 (2.06 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$17.50
Nearest expiry
Expected Move
±$1.40
±9.1%
Days to Expiry
2
Calendar days
Total Call OI
6,331
Nearest expiry
Total Put OI
2,917
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$15.44
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$20.00
6/18/2026, 11:03:10 PM
2026-07-17
$20.00
7/17/2026, 11:02:39 PM
2026-08-21NextUpdated
$17.50
8/19/2026, 11:02:24 PM
2026-09-18
$19.00
8/19/2026, 11:02:24 PM
2026-11-20
$15.00
8/19/2026, 11:02:24 PM
2027-02-19
$10.00
8/19/2026, 11:02:24 PM
Selected expiration: 2026-08-21 at max pain $17.50.
ALMU pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
3383050
3383050
5
250
2660050
2660300
7.5
21250
1969300
1990550
9
34600
1581850
1616450
10
43500
1323650
1367150
11
60900
1106750
1167650
12.5
87150
784700
871850
14
118800
534200
653000
15
141700
369400
511100
16
173800
266400
440200
17.5
223900
157050
380950
19
327550
88200
415750
20
405950
45500
451450
22.5
1405700
7750
1413450
25
2509450
0
2509450
30
5057450
0
5057450
35
7894950
0
7894950
40
10966950
0
10966950
45
14060450
0
14060450
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.