This page reflects AIRO 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 — AIRO
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $10.00 (2.40 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.00
Nearest expiry
Expected Move
±$0.95
±12.5%
Days to Expiry
15
Calendar days
Total Call OI
4,941
Nearest expiry
Total Put OI
1,033
Nearest expiry
P/C OI Ratio
0.21
Put-heavy
Spot Price
$7.60
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
$7.50
5/15/2026, 11:02:39 PM
2026-06-18
$7.50
6/18/2026, 11:02:20 PM
2026-07-17NextUpdated
$10.00
7/3/2026, 11:02:04 PM
2026-08-21
$10.00
7/3/2026, 11:02:04 PM
2026-10-16
$7.50
7/3/2026, 11:02:04 PM
2027-01-15
$5.00
7/3/2026, 11:02:04 PM
Selected expiration: 2026-07-17 at max pain $10.00.
AIRO pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
608000
608000
5
250
351750
352000
7.5
15750
138000
153750
10
107750
25500
133250
12.5
422500
11500
434000
15
889000
2000
891000
17.5
1915500
1000
1916500
20
3007500
250
3007750
22.5
4196000
0
4196000
25
5418250
0
5418250
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.