thetaOwl

AMR

Alpha Metallurgical Resources, Close $160.00EOD only
Max Pain
$185.00
Next expiry Jul 17, 2026
Expected Move
±$14.05
8.8% from close
Price Gap
+25.00
Distance to max pain
IV Rank
26
Middle-high premium
P/C OI
0.86
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 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
Jul 2, 2026 close
Max Pain — AMR
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $185.00 (25.00 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$185.00
Nearest expiry
Expected Move
±$14.05
±8.8%
Days to Expiry
15
Calendar days
Total Call OI
331
Nearest expiry
Total Put OI
641
Nearest expiry
P/C OI Ratio
1.94
Put-heavy
Spot Price
$160.00
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$150.005/15/2026, 11:03:15 PM
2026-06-18$200.006/18/2026, 11:03:07 PM
2026-07-17NextUpdated$185.007/3/2026, 11:03:00 PM
2026-08-21$175.007/3/2026, 11:03:00 PM
2026-11-20$120.007/3/2026, 11:03:00 PM
2027-02-19$180.007/3/2026, 11:03:00 PM
Selected expiration: 2026-07-17 at max pain $185.00.
AMR pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
120027460002746000
130100021050002106000
135150017855001787000
140200014875001489500
145250011990001201500
1503000917000920000
1554000657000661000
1605000413500418500
16511000242500253500
17017000165500182500
17527000102500129500
180370006250099500
185520003150083500
190750001600091000
1951215007500129000
2001880003000191000
2103600000360000
2205620000562000
2307920000792000
240104200001042000
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.