Cemex, S.A.B. de C.V. SponsoredClose $12.67EOD only
Max Pain
$12.00
Next expiry Jun 18, 2026
Expected Move
±$1.60
12.6% from close
Price Gap
-0.67
Distance to max pain
IV Rank
2
Low premium
P/C OI
0.25
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects CX options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — CX
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $12.00 (0.67 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$12.00
Nearest expiry
Expected Move
±$1.60
±12.6%
Days to Expiry
29
Calendar days
Total Call OI
1,445
Nearest expiry
Total Put OI
355
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$12.67
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$11.00
4/17/2026, 11:09:44 PM
2026-05-15
$12.00
5/15/2026, 11:12:37 PM
2026-06-18NextUpdated
$12.00
5/20/2026, 11:08:46 PM
2026-07-17
$11.00
5/20/2026, 11:08:46 PM
2026-10-16
$11.00
5/20/2026, 11:08:46 PM
2027-01-15
$12.00
5/20/2026, 11:08:46 PM
Selected expiration: 2026-06-18 at max pain $12.00.
CX pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
4
0
254600
254600
5
0
219300
219300
6
0
184100
184100
7
0
149000
149000
8
200
113900
114100
9
600
78800
79400
10
1200
43700
44900
11
2000
10000
12000
12
3500
4100
7600
13
8000
1000
9000
14
33200
600
33800
15
166000
500
166500
16
300600
400
301000
17
435400
300
435700
18
570400
200
570600
19
714300
100
714400
20
858500
0
858500
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.