This page reflects AYI 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 — AYI
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $350.00 (9.04 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$350.00
Nearest expiry
Expected Move
±$18.35
±5.1%
Days to Expiry
15
Calendar days
Total Call OI
426
Nearest expiry
Total Put OI
457
Nearest expiry
P/C OI Ratio
1.07
Put-heavy
Spot Price
$359.04
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
$290.00
5/15/2026, 11:05:41 PM
2026-06-18
$300.00
6/18/2026, 11:04:50 PM
2026-07-17NextUpdated
$350.00
7/3/2026, 11:05:21 PM
2026-08-21
$320.00
7/3/2026, 11:05:21 PM
2026-11-20
$310.00
7/3/2026, 11:05:21 PM
2027-02-19
$360.00
7/3/2026, 11:05:21 PM
Selected expiration: 2026-07-17 at max pain $350.00.
AYI pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
180
0
6232000
6232000
185
500
6003500
6004000
200
3500
5318000
5321500
230
9500
3950000
3959500
240
11500
3501000
3512500
250
14500
3061000
3075500
260
18500
2631000
2649500
270
23500
2240000
2263500
280
29500
1880000
1909500
290
36500
1528000
1564500
300
45500
1183000
1228500
310
71500
843000
914500
320
113500
517000
630500
330
164500
348000
512500
340
220500
189000
409500
350
302500
100000
402500
360
550500
44000
594500
370
833500
13000
846500
380
1131500
3000
1134500
390
1430500
1000
1431500
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.