This page reflects AMLX 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 — AMLX
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $35.00 (7.21 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$35.00
Nearest expiry
Expected Move
±$0.90
±3.2%
Days to Expiry
14
Calendar days
Total Call OI
2,657
Nearest expiry
Total Put OI
2,439
Nearest expiry
P/C OI Ratio
0.92
Put-heavy
Spot Price
$27.79
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
$18.00
8/21/2026, 11:04:34 PM
2026-09-18
$25.00
9/18/2026, 11:02:28 PM
2026-10-16NextUpdated
$35.00
10/2/2026, 11:02:52 PM
2026-11-20
$30.00
10/2/2026, 11:02:52 PM
2026-12-18
$12.00
10/2/2026, 11:02:52 PM
2027-01-15
$20.00
10/2/2026, 11:02:52 PM
2027-02-19
$33.00
10/2/2026, 11:02:52 PM
2027-03-19
$20.00
10/2/2026, 11:02:52 PM
2027-05-21
$29.00
10/2/2026, 11:02:52 PM
Selected expiration: 2026-10-16 at max pain $35.00.
AMLX pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
2210400
2210400
27
1000
1727000
1728000
28
1600
1485400
1487000
29
2200
1244000
1246200
30
2800
1005000
1007800
31
3400
783100
786500
32
7300
582900
590200
33
21400
393800
415200
34
121900
205900
327800
35
223200
18300
241500
36
337900
15200
353100
37
457600
13000
470600
38
577500
11000
588500
39
702300
9000
711300
40
827200
7000
834200
41
960800
5000
965800
42
1094400
4000
1098400
43
1228500
3000
1231500
45
1510300
1000
1511300
46
1768100
0
1768100
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.