Alpha Metallurgical Resources, Close $171.54EOD only
Max Pain
$180.00
Next expiry Oct 16, 2026
Expected Move
±$16.20
9.4% from close
Price Gap
+8.46
Distance to max pain
IV Rank
15
Low premium
P/C OI
0.28
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 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
Oct 2, 2026 close
Max Pain — AMR
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $180.00 (8.46 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$180.00
Nearest expiry
Expected Move
±$16.20
±9.4%
Days to Expiry
14
Calendar days
Total Call OI
1,556
Nearest expiry
Total Put OI
709
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$171.54
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
$165.00
8/21/2026, 11:03:01 PM
2026-09-18
$180.00
9/18/2026, 11:03:06 PM
2026-10-16NextUpdated
$180.00
10/2/2026, 11:02:56 PM
2026-11-20
$155.00
10/2/2026, 11:02:56 PM
2027-02-19
$150.00
10/2/2026, 11:02:56 PM
2027-05-21
$150.00
10/2/2026, 11:02:56 PM
Selected expiration: 2026-10-16 at max pain $180.00.
AMR pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
120
0
3887500
3887500
125
0
3534000
3534000
135
0
2829000
2829000
140
0
2477500
2477500
145
0
2129000
2129000
150
0
1795000
1795000
155
500
1506000
1506500
160
1000
1244500
1245500
165
5000
1027500
1032500
170
18500
834000
852500
175
41000
648000
689000
180
127500
485500
613000
185
366500
345500
712000
190
713500
230500
944000
195
1115000
129500
1244500
200
1607000
42000
1649000
210
2875000
1000
2876000
220
4167000
0
4167000
230
5538000
0
5538000
240
6924000
0
6924000
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.