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AMAT

Applied Materials, Inc.Close $603.04EOD only
Max Pain
$600.00
Next expiry Jul 10, 2026
Expected Move
±$60.85
10.1% from close
Price Gap
-3.04
Distance to max pain
IV Rank
41
Middle-high premium
P/C OI
1.13
Slightly put-heavy
Consensus
6.5/10
Consensus signal
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects AMAT 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 — AMAT
Data as of market close Jul 2, 2026
Open Directional Report

Nearest listed expiration 2026-07-10 shows max pain at $600.00 (3.04 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$600.00
Nearest expiry
Expected Move
±$60.85
±10.1%
Days to Expiry
8
Calendar days
Total Call OI
12,733
Nearest expiry
Total Put OI
18,412
Nearest expiry
P/C OI Ratio
1.45
Put-heavy
Spot Price
$603.04
Published close
Consensus
6.5/10
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$580.006/26/2026, 11:03:19 PM
2026-07-02$627.507/2/2026, 11:03:49 PM
2026-07-10NextUpdated$600.007/3/2026, 11:02:45 PM
2026-07-17$530.007/3/2026, 11:02:45 PM
2026-07-24$600.007/3/2026, 11:02:45 PM
2026-07-31$625.007/3/2026, 11:02:45 PM
2026-08-07$620.007/3/2026, 11:02:45 PM
2026-08-21$530.007/3/2026, 11:02:45 PM
2026-09-18$390.007/3/2026, 11:02:45 PM
2026-10-16$450.007/3/2026, 11:02:45 PM
2026-11-20$450.007/3/2026, 11:02:45 PM
2026-12-18$310.007/3/2026, 11:02:45 PM
2027-01-15$280.007/3/2026, 11:02:45 PM
2027-02-19$580.007/3/2026, 11:02:45 PM
2027-03-19$500.007/3/2026, 11:02:45 PM
2027-06-17$300.007/3/2026, 11:02:45 PM
Selected expiration: 2026-07-10 at max pain $600.00.
AMAT pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
2250333273250333273250
2303500324089250324092750
23540000314934250314974250
24076500306178250306254750
245128000297422250297550250
250179500289152250289331750
255232000280882250281114250
260285500273166250273451750
265366000265583250265949250
270510500258268250258778750
275667500251581250252248750
280824500245707250246531750
285982000239988250240970250
2901140000234409750235549750
2951307500228900250230207750
3001475500223461750224937250
3051644500218453750220098250
3101830000213494250215324250
3152029500208557750210587250
3202242000203635250205877250
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.