This page reflects ATRO options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 19, 2026 close
Max Pain — ATRO
Data as of market close Aug 19, 2026
Nearest listed expiration 2026-08-21 shows max pain at $80.00 (1.67 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$3.97
±4.9%
Days to Expiry
2
Calendar days
Total Call OI
240
Nearest expiry
Total Put OI
417
Nearest expiry
P/C OI Ratio
1.74
Put-heavy
Spot Price
$81.67
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$80.00
6/18/2026, 11:05:24 PM
2026-07-17
$75.00
7/17/2026, 11:05:50 PM
2026-08-21NextUpdated
$80.00
8/19/2026, 11:05:34 PM
2026-09-18
$75.00
8/19/2026, 11:05:34 PM
2026-12-18
$70.00
8/19/2026, 11:05:34 PM
2027-03-19
$70.00
8/19/2026, 11:05:34 PM
Selected expiration: 2026-08-21 at max pain $80.00.
ATRO pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
1193500
1193500
50
500
985000
985500
55
2000
780000
782000
60
3500
578500
582000
65
13000
393000
406000
70
24000
268000
292000
75
39000
161000
200000
80
73500
67500
141000
85
138500
27500
166000
90
218000
10500
228500
95
314000
5000
319000
100
414500
0
414500
105
528500
0
528500
110
643000
0
643000
115
759000
0
759000
120
877000
0
877000
125
996500
0
996500
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.