This page reflects AMRZ 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 — AMRZ
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $50.00 (3.64 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$50.00
Nearest expiry
Expected Move
±$3.15
±5.9%
Days to Expiry
15
Calendar days
Total Call OI
15,643
Nearest expiry
Total Put OI
5,198
Nearest expiry
P/C OI Ratio
0.33
Put-heavy
Spot Price
$53.64
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
$52.50
5/15/2026, 11:02:41 PM
2026-06-18
$52.06
6/18/2026, 11:03:23 PM
2026-07-17NextUpdated
$50.00
7/3/2026, 11:02:38 PM
2026-08-21
$55.00
7/3/2026, 11:02:38 PM
2026-10-16
$57.06
7/3/2026, 11:02:38 PM
2026-11-20
$50.00
7/3/2026, 11:02:38 PM
2027-01-15
$50.00
7/3/2026, 11:02:38 PM
Selected expiration: 2026-07-17 at max pain $50.00.
AMRZ pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
24.56
0
13314436
13314436
25
0
13085812
13085812
29.56
0
10717348
10717348
30
924
10488900
10489824
34.56
20076
8121348
8141424
35
21924
7892988
7914912
39.56
48828
5526348
5575176
40
79452
5299968
5379420
44.56
720588
2973456
3694044
45
785004
2764852
3549856
47.06
1097712
1855362
2953074
47.5
1165120
1666382
2831502
49.56
1483596
781612
2265208
50
1556064
664000
2220064
52.06
1917388
436164
2353552
52.5
2000196
397488
2397684
54.56
2393244
230216
2623460
55
2518952
200120
2719072
57.06
3327708
111952
3439660
57.5
3540448
100028
3640476
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.