This page reflects AMPL 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 — AMPL
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $7.50 (1.34 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.50
Nearest expiry
Expected Move
±$1.10
±12.4%
Days to Expiry
15
Calendar days
Total Call OI
6,369
Nearest expiry
Total Put OI
1,147
Nearest expiry
P/C OI Ratio
0.18
Put-heavy
Spot Price
$8.84
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$7.00
5/15/2026, 11:03:25 PM
2026-06-18
$6.00
6/18/2026, 11:03:19 PM
2026-07-17NextUpdated
$7.50
7/3/2026, 11:03:23 PM
2026-08-21
$6.00
7/3/2026, 11:03:23 PM
2026-10-16
$7.00
7/3/2026, 11:03:23 PM
2027-01-15
$7.50
7/3/2026, 11:03:23 PM
Selected expiration: 2026-07-17 at max pain $7.50.
AMPL pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
610350
610350
2.5
450
438300
438750
4
1050
266250
267300
5
1850
158550
160400
6
2850
63350
66200
7.5
10500
20900
31400
9
241650
4400
246050
10
670850
2200
673050
11
1165650
1600
1167250
12.5
1976250
1150
1977400
14
2860050
700
2860750
15
3449650
500
3450150
16
4065850
300
4066150
17.5
4991950
150
4992100
19
5935300
0
5935300
20
6564900
0
6564900
21
7200400
0
7200400
22.5
8155600
0
8155600
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.