This page reflects AMAL 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 — AMAL
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-11-20 shows max pain at $45.00 (3.19 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$45.00
Nearest expiry
Expected Move
±$2.70
±5.6%
Days to Expiry
49
Calendar days
Total Call OI
41
Nearest expiry
Total Put OI
19
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$48.19
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-11-20
Expiration
Max Pain Strike
Last Updated
2026-08-21
$45.00
8/21/2026, 11:02:34 PM
2026-09-18
$45.00
9/18/2026, 11:02:39 PM
2026-11-20NextUpdated
$45.00
10/2/2026, 11:02:16 PM
2027-02-19
$45.00
10/2/2026, 11:02:16 PM
Selected expiration: 2026-11-20 at max pain $45.00.
AMAL pain by strike for 2026-11-20 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
37250
37250
22.5
0
32750
32750
30
750
20000
20750
35
1250
12000
13250
40
1750
4000
5750
45
2250
1000
3250
50
2750
500
3250
55
3750
0
3750
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.