This page reflects AVAV options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — AVAV
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $165.00 (1.13 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$165.00
Nearest expiry
Expected Move
±$7.60
±4.6%
Days to Expiry
2
Calendar days
Total Call OI
4,894
Nearest expiry
Total Put OI
1,950
Nearest expiry
P/C OI Ratio
0.40
Put-heavy
Spot Price
$163.87
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$175.00
5/8/2026, 11:05:46 PM
2026-05-15
$167.50
5/15/2026, 11:05:33 PM
2026-05-22NextUpdated
$165.00
5/20/2026, 11:04:39 PM
2026-05-29
$175.00
5/20/2026, 11:04:39 PM
2026-06-05
$175.00
5/20/2026, 11:04:39 PM
2026-06-12
$170.00
5/20/2026, 11:04:39 PM
2026-06-18
$185.00
5/20/2026, 11:04:39 PM
2026-06-26
$165.00
5/20/2026, 11:04:39 PM
2026-07-17
$165.00
5/20/2026, 11:04:39 PM
2026-09-18
$175.00
5/20/2026, 11:04:39 PM
2026-12-18
$195.00
5/20/2026, 11:04:39 PM
2027-01-15
$210.00
5/20/2026, 11:04:39 PM
2027-03-19
$185.00
5/20/2026, 11:04:39 PM
Selected expiration: 2026-05-22 at max pain $165.00.
AVAV pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
120
0
7724750
7724750
125
500
6763250
6763750
130
1000
5812250
5813250
133
1600
5243450
5245050
135
2000
4865650
4867650
137
4200
4493250
4497450
138
5300
4307150
4312450
139
6400
4123050
4129450
140
7600
3938950
3946550
141
9400
3758450
3767850
142
11600
3577950
3589550
143
19500
3399350
3418850
145
46700
3042350
3089050
146
60300
2870150
2930450
147
73900
2701650
2775550
148
87500
2540050
2627550
149
101100
2380850
2481950
150
114700
2230750
2345450
152.5
150700
1941000
2091700
155
186700
1668500
1855200
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.