Cemex, S.A.B. de C.V. SponsoredClose $12.29EOD only
Max Pain
$12.00
Next expiry Jul 17, 2026
Expected Move
±$0.80
6.5% from close
Price Gap
-0.29
Distance to max pain
IV Rank
9
Low premium
P/C OI
0.29
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 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
Jul 2, 2026 close
Max Pain — CX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $12.00 (0.29 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
±$0.80
±6.5%
Days to Expiry
15
Calendar days
Total Call OI
6,448
Nearest expiry
Total Put OI
2,593
Nearest expiry
P/C OI Ratio
0.40
Put-heavy
Spot Price
$12.29
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
$12.00
5/15/2026, 11:12:37 PM
2026-06-18
$13.00
6/18/2026, 11:09:43 PM
2026-07-17NextUpdated
$12.00
7/3/2026, 11:08:16 PM
2026-08-21
$12.00
7/3/2026, 11:08:16 PM
2026-10-16
$11.00
7/3/2026, 11:08:16 PM
2027-01-15
$11.00
7/3/2026, 11:08:16 PM
Selected expiration: 2026-07-17 at max pain $12.00.
CX pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
2139700
2139700
3
0
1880500
1880500
4
0
1621400
1621400
5
0
1362600
1362600
6
100
1103800
1103900
8
500
586400
586900
9
2100
330800
332900
10
20400
190100
210500
11
57000
88300
145300
12
112300
7900
120200
13
486200
2400
488600
14
989000
0
989000
15
1541800
0
1541800
16
2174100
0
2174100
17
2811200
0
2811200
18
3452100
0
3452100
19
4096000
0
4096000
20
4740300
0
4740300
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.