This page reflects ATEX 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 — ATEX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $60.00 (45.14 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$4.15
±4.0%
Days to Expiry
15
Calendar days
Total Call OI
2,565
Nearest expiry
Total Put OI
685
Nearest expiry
P/C OI Ratio
0.27
Put-heavy
Spot Price
$105.14
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
$22.50
5/15/2026, 11:05:44 PM
2026-06-18
$55.00
6/18/2026, 11:04:51 PM
2026-07-17NextUpdated
$60.00
7/3/2026, 11:05:05 PM
2026-08-21
$30.00
7/3/2026, 11:05:05 PM
2026-11-20
$55.00
7/3/2026, 11:05:05 PM
2027-01-15
$30.00
7/3/2026, 11:05:05 PM
2027-02-19
$120.00
7/3/2026, 11:05:05 PM
Selected expiration: 2026-07-17 at max pain $60.00.
ATEX pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
1794500
1794500
40
7500
1452000
1459500
45
15000
1109500
1124500
50
22500
792000
814500
55
35500
625500
661000
60
51500
461500
513000
65
216000
337500
553500
70
546000
222000
768000
75
975500
108000
1083500
80
1540000
54000
1594000
85
2278500
0
2278500
90
3312500
0
3312500
95
4412500
0
4412500
100
5574500
0
5574500
110
8055500
0
8055500
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.