thetaOwl

UMC

United Microelectronics CorporaClose $24.54EOD only
Max Pain
$14.00
Next expiry Jul 17, 2026
Expected Move
±$3.65
14.9% from close
Price Gap
-10.54
Distance to max pain
IV Rank
32
Middle-high premium
P/C OI
0.30
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects UMC 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 — UMC
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $14.00 (10.54 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$14.00
Nearest expiry
Expected Move
±$3.65
±14.9%
Days to Expiry
15
Calendar days
Total Call OI
97,909
Nearest expiry
Total Put OI
22,748
Nearest expiry
P/C OI Ratio
0.23
Put-heavy
Spot Price
$24.54
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$11.005/15/2026, 11:46:00 PM
2026-06-18$14.006/18/2026, 11:32:19 PM
2026-07-17NextUpdated$14.007/3/2026, 11:32:16 PM
2026-08-21$26.007/3/2026, 11:32:16 PM
2026-10-16$16.007/3/2026, 11:32:16 PM
2027-01-15$10.007/3/2026, 11:32:16 PM
Selected expiration: 2026-07-17 at max pain $14.00.
UMC pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
103545040035450400
22003317570033175900
311003090100030902100
425002862640028628900
542002635190026356100
660002407770024083700
780002181680021824800
8126001955820019570800
9210001740760017428600
101334001529640015429800
113155001352170013837200
125538001182250012376300
1315250001029420011819200
142808200877230011580500
154391200728430011675500
166138000623470012372700
178364800529940013664200
1810670100441700015087100
1913185300357820016763500
2015732200279130018523500
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.