This page reflects AAON 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 — AAON
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $120.00 (12.38 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$120.00
Nearest expiry
Expected Move
±$12.65
±11.8%
Days to Expiry
15
Calendar days
Total Call OI
1,905
Nearest expiry
Total Put OI
796
Nearest expiry
P/C OI Ratio
0.42
Put-heavy
Spot Price
$107.62
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
$95.00
5/15/2026, 11:01:13 PM
2026-06-18
$130.00
6/18/2026, 11:01:10 PM
2026-07-17NextUpdated
$120.00
7/3/2026, 11:01:08 PM
2026-08-21
$130.00
7/3/2026, 11:01:08 PM
2026-10-16
$60.00
7/3/2026, 11:01:08 PM
2026-12-18
$125.00
7/3/2026, 11:01:08 PM
2027-01-15
$110.00
7/3/2026, 11:01:08 PM
2027-03-19
$120.00
7/3/2026, 11:01:08 PM
Selected expiration: 2026-07-17 at max pain $120.00.
AAON pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
5668500
5668500
45
0
5270500
5270500
50
0
4872500
4872500
55
500
4476000
4476500
60
2000
4085500
4087500
65
24500
3707500
3732000
70
47000
3344500
3391500
75
80000
3035500
3115500
80
123500
2735500
2859000
85
167000
2444500
2611500
90
212500
2166500
2379000
95
260000
1890500
2150500
100
311500
1618000
1929500
105
388000
1349500
1737500
110
466000
1083000
1549000
115
672000
854500
1526500
120
885500
637500
1523000
125
1110500
433000
1543500
130
1342500
315500
1658000
135
1605500
204000
1809500
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.