ASE Technology Holding Co., LtdClose $41.87EOD only
Max Pain
$40.00
Next expiry Jul 17, 2026
Expected Move
±$5.83
13.9% from close
Price Gap
-1.87
Distance to max pain
IV Rank
29
Middle-high premium
P/C OI
0.26
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects ASX 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 — ASX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $40.00 (1.87 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$40.00
Nearest expiry
Expected Move
±$5.83
±13.9%
Days to Expiry
15
Calendar days
Total Call OI
31,564
Nearest expiry
Total Put OI
8,327
Nearest expiry
P/C OI Ratio
0.26
Put-heavy
Spot Price
$41.87
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
$30.00
5/15/2026, 11:05:24 PM
2026-06-18
$22.50
6/18/2026, 11:05:01 PM
2026-07-17NextUpdated
$40.00
7/3/2026, 11:04:51 PM
2026-08-21
$40.00
7/3/2026, 11:04:51 PM
2026-09-18
$32.50
7/3/2026, 11:04:51 PM
2026-12-18
$37.50
7/3/2026, 11:04:51 PM
2027-01-15
$30.00
7/3/2026, 11:04:51 PM
Selected expiration: 2026-07-17 at max pain $40.00.
ASX pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
17.5
0
14153000
14153000
20
0
12143250
12143250
22.5
3750
10133500
10137250
25
8000
8124250
8132250
27.5
19000
6123250
6142250
30
38000
4213750
4251750
32.5
70000
2399500
2469500
35
113250
901250
1014500
37.5
235250
341500
576750
40
456750
99250
556000
42.5
1023500
49000
1072500
45
4616250
25000
4641250
47.5
8649750
12500
8662250
50
15352750
0
15352750
55
29675250
0
29675250
60
44108250
0
44108250
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.