This page reflects AMRZ options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — AMRZ
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $54.56 (17.36 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$54.56
Nearest expiry
Expected Move
±$1.70
±4.6%
Days to Expiry
11
Calendar days
Total Call OI
2,577
Nearest expiry
Total Put OI
4,597
Nearest expiry
P/C OI Ratio
1.78
Put-heavy
Spot Price
$37.20
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
$47.50
8/21/2026, 11:03:06 PM
2026-09-18
$40.00
9/18/2026, 11:03:13 PM
2026-10-16NextUpdated
$54.56
10/5/2026, 11:02:25 PM
2026-11-20
$45.00
10/5/2026, 11:02:25 PM
2027-01-15
$49.56
10/5/2026, 11:02:25 PM
2027-04-16
$40.00
10/5/2026, 11:02:25 PM
2027-06-17
$47.50
10/5/2026, 11:02:25 PM
Selected expiration: 2026-10-16 at max pain $54.56.
AMRZ pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
34.56
0
3613608
3613608
35
88
3416928
3417016
37.06
500
2496314
2496814
37.5
852
2328322
2329174
39.56
2500
1542020
1544520
40
4436
1439280
1443716
42.06
13500
1109886
1123386
42.5
19924
1068086
1088010
44.56
50000
874652
924652
45
61836
836064
897900
47.06
117250
661582
778832
47.5
129834
628538
758372
49.56
189574
484338
673912
50
208494
453538
662032
54.56
405030
180394
585424
55
445642
161166
606808
57.06
654938
94834
749772
57.5
704834
80666
785500
59.56
960274
40290
1000564
60
1014834
33206
1048040
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.