thetaOwl

ASO

Academy Sports and Outdoors, InClose $47.84EOD only
Max Pain
$50.00
Next expiry Jul 10, 2026
Expected Move
±$1.43
3.0% from close
Price Gap
+2.16
Distance to max pain
IV Rank
4
Low premium
P/C OI
0.53
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-07-10 shows max pain at $50.00 (2.16 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$50.00
Nearest expiry
Expected Move
±$1.43
±3.0%
Days to Expiry
8
Calendar days
Total Call OI
224
Nearest expiry
Total Put OI
213
Nearest expiry
P/C OI Ratio
0.95
Put-heavy
Spot Price
$47.84
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$50.006/26/2026, 11:04:23 PM
2026-07-02$47.007/2/2026, 11:05:07 PM
2026-07-10NextUpdated$50.007/3/2026, 11:04:27 PM
2026-07-17$50.007/3/2026, 11:04:27 PM
2026-07-24$51.007/3/2026, 11:04:27 PM
2026-07-31$51.007/3/2026, 11:04:27 PM
2026-08-21$52.507/3/2026, 11:04:27 PM
2026-10-16$52.507/3/2026, 11:04:27 PM
2027-01-15$47.507/3/2026, 11:04:27 PM
Selected expiration: 2026-07-10 at max pain $50.00.
ASO pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
350244800244800
40500138300138800
41600118200118800
427009910099800
438008110081900
449006360064500
4510004760048600
4611003320034300
4712002050021700
4813001130012600
49190069008800
50380039007700
5113400210015500
5223700140025100
533790080038700
545250050053000
556740030067700
568440010084500
571016000101600
581219000121900
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.