This page reflects AVBP 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 — AVBP
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $20.00 (14.67 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$20.00
Nearest expiry
Expected Move
±$8.65
±24.9%
Days to Expiry
15
Calendar days
Total Call OI
8,591
Nearest expiry
Total Put OI
663
Nearest expiry
P/C OI Ratio
0.08
Put-heavy
Spot Price
$34.67
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
$25.00
5/15/2026, 11:05:54 PM
2026-06-18
$30.00
6/18/2026, 11:05:21 PM
2026-07-17NextUpdated
$20.00
7/3/2026, 11:04:46 PM
2026-08-21
$35.00
7/3/2026, 11:04:46 PM
2026-09-18
$35.00
7/3/2026, 11:04:46 PM
2026-10-16
$20.00
7/3/2026, 11:04:46 PM
2027-01-15
$15.00
7/3/2026, 11:04:46 PM
Selected expiration: 2026-07-17 at max pain $20.00.
AVBP pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
1290750
1290750
5
0
1140500
1140500
7.5
0
991250
991250
10
0
845500
845500
12.5
0
700250
700250
15
750
555750
556500
17.5
5500
412000
417500
20
11250
269250
280500
22.5
234250
136000
370250
25
1065250
94500
1159750
30
4041250
18000
4059250
35
7489750
7500
7497250
40
11731750
0
11731750
45
16017250
0
16017250
50
20307250
0
20307250
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.