thetaOwl

ASO

Academy Sports and Outdoors, InClose $48.73EOD only
Max Pain
$47.00
Next expiry Oct 9, 2026
Expected Move
±$2.65
5.4% from close
Price Gap
-1.73
Distance to max pain
IV Rank
6
Low premium
P/C OI
0.62
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 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
Oct 2, 2026 close
Max Pain — ASO
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-09 shows max pain at $47.00 (1.73 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$47.00
Nearest expiry
Expected Move
±$2.65
±5.4%
Days to Expiry
7
Calendar days
Total Call OI
571
Nearest expiry
Total Put OI
352
Nearest expiry
P/C OI Ratio
0.62
Put-heavy
Spot Price
$48.73
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$49.009/25/2026, 11:05:06 PM
2026-10-02Updated$49.0010/2/2026, 11:04:24 PM
2026-10-09Next$47.0010/2/2026, 11:04:24 PM
2026-10-16$47.5010/2/2026, 11:04:24 PM
2026-10-23$52.0010/2/2026, 11:04:24 PM
2026-10-30$47.0010/2/2026, 11:04:24 PM
2026-11-20$47.5010/2/2026, 11:04:24 PM
2027-01-15$47.5010/2/2026, 11:04:24 PM
2027-04-16$45.0010/2/2026, 11:04:24 PM
Selected expiration: 2026-10-09 at max pain $47.00.
ASO pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
300626800626800
341600469600471200
353400430500433900
367500391500399000
3712600352500365100
3817700313700331400
3922800275100297900
4027900236800264700
4133000198700231700
4238100160700198800
4343200123000166200
444830086100134400
455360055200108800
46613003180093100
47691001120080300
4878900500083900
4990000230092300
501025001200103700
51139900500140400
52180700100180800
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.