Alpha Metallurgical Resources, Close $169.44EOD only
Max Pain
$160.00
Next expiry Aug 21, 2026
Expected Move
±$7.50
4.4% from close
Price Gap
-9.44
Distance to max pain
IV Rank
36
Middle-high premium
P/C OI
0.87
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects AMR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — AMR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $160.00 (9.44 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$160.00
Nearest expiry
Expected Move
±$7.50
±4.4%
Days to Expiry
3
Calendar days
Total Call OI
1,805
Nearest expiry
Total Put OI
1,777
Nearest expiry
P/C OI Ratio
0.98
Put-heavy
Spot Price
$169.44
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
$200.00
6/18/2026, 11:03:07 PM
2026-07-17
$160.00
7/17/2026, 11:03:52 PM
2026-08-21NextUpdated
$160.00
8/18/2026, 11:02:51 PM
2026-09-18
$150.00
8/18/2026, 11:02:51 PM
2026-11-20
$125.00
8/18/2026, 11:02:51 PM
2027-02-19
$135.00
8/18/2026, 11:02:51 PM
Selected expiration: 2026-08-21 at max pain $160.00.
AMR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
80
0
12650500
12650500
95
0
9986500
9986500
100
0
9099000
9099000
105
0
8242500
8242500
110
0
7393500
7393500
115
0
6565000
6565000
120
0
5759500
5759500
125
0
4978000
4978000
130
0
4211000
4211000
135
62000
3453500
3515500
140
126000
2718000
2844000
145
211000
2074500
2285500
150
309000
1521000
1830000
155
432500
1052500
1485000
160
624000
721000
1345000
165
876500
478000
1354500
170
1143000
319500
1462500
175
1461000
176500
1637500
180
1889000
106000
1995000
185
2462500
71000
2533500
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.