This page reflects AMX 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 — AMX
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $26.00 (2.37 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$26.00
Nearest expiry
Expected Move
±$0.85
±3.6%
Days to Expiry
3
Calendar days
Total Call OI
629
Nearest expiry
Total Put OI
351
Nearest expiry
P/C OI Ratio
0.56
Put-heavy
Spot Price
$23.63
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
$25.00
6/18/2026, 11:03:14 PM
2026-07-17
$26.00
7/17/2026, 11:03:27 PM
2026-08-21NextUpdated
$26.00
8/18/2026, 11:03:34 PM
2026-09-18
$24.00
8/18/2026, 11:03:34 PM
2026-11-20
$25.00
8/18/2026, 11:03:34 PM
2027-02-19
$20.00
8/18/2026, 11:03:34 PM
Selected expiration: 2026-08-21 at max pain $26.00.
AMX pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
13
0
343000
343000
14
0
308000
308000
15
0
273000
273000
16
0
238100
238100
17
0
203200
203200
18
0
168300
168300
20
0
119100
119100
21
0
94500
94500
22
200
69900
70100
23
900
45400
46300
24
2000
25200
27200
25
9200
14100
23300
26
18300
3100
21400
27
36300
2000
38300
28
89900
900
90800
29
149500
200
149700
30
209600
0
209600
31
271300
0
271300
32
333100
0
333100
33
395000
0
395000
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.