Cemex, S.A.B. de C.V. SponsoredClose $10.66EOD only
Max Pain
$12.00
Next expiry Aug 21, 2026
Expected Move
±$0.65
6.1% from close
Price Gap
+1.34
Distance to max pain
IV Rank
10
Low premium
P/C OI
0.20
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 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
Aug 18, 2026 close
Max Pain — CX
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $12.00 (1.34 above 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
±$0.65
±6.1%
Days to Expiry
3
Calendar days
Total Call OI
838
Nearest expiry
Total Put OI
285
Nearest expiry
P/C OI Ratio
0.34
Put-heavy
Spot Price
$10.66
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$13.00
6/18/2026, 11:09:43 PM
2026-07-17
$12.00
7/17/2026, 11:11:29 PM
2026-08-21NextUpdated
$12.00
8/18/2026, 11:10:17 PM
2026-09-18
$12.00
8/18/2026, 11:10:17 PM
2026-10-16
$10.00
8/18/2026, 11:10:17 PM
2027-01-15
$11.00
8/18/2026, 11:10:17 PM
Selected expiration: 2026-08-21 at max pain $12.00.
CX pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
177000
177000
6
0
149300
149300
7
200
122000
122200
10
800
40400
41200
11
1200
14400
15600
12
6600
3100
9700
13
36200
2400
38600
14
96800
1800
98600
15
175500
1300
176800
16
257400
800
258200
17
340900
400
341300
18
424400
100
424500
19
507900
0
507900
20
591400
0
591400
21
675100
0
675100
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.