This page reflects AVAV options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — AVAV
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $165.00 (9.14 below 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
±$8.30
±4.8%
Days to Expiry
3
Calendar days
Total Call OI
6,647
Nearest expiry
Total Put OI
5,535
Nearest expiry
P/C OI Ratio
0.83
Put-heavy
Spot Price
$174.14
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
2026-08-07
$155.00
8/7/2026, 11:05:34 PM
2026-08-14
$167.50
8/14/2026, 11:04:36 PM
2026-08-21NextUpdated
$165.00
8/18/2026, 11:05:08 PM
2026-08-28
$170.00
8/18/2026, 11:05:08 PM
2026-09-04
$175.00
8/18/2026, 11:05:08 PM
2026-09-11
$175.00
8/18/2026, 11:05:08 PM
2026-09-18
$175.00
8/18/2026, 11:05:08 PM
2026-09-25
$180.00
8/18/2026, 11:05:08 PM
2026-10-02
$165.00
8/18/2026, 11:05:08 PM
2026-12-18
$170.00
8/18/2026, 11:05:08 PM
2027-01-15
$200.00
8/18/2026, 11:05:08 PM
2027-03-19
$170.00
8/18/2026, 11:05:08 PM
Selected expiration: 2026-08-21 at max pain $165.00.
AVAV pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
80
0
39131050
39131050
85
0
36365550
36365550
90
0
33607550
33607550
95
500
30856050
30856550
100
1000
28130050
28131050
105
7500
25435550
25443050
110
14000
22767550
22781550
115
21000
20124050
20145050
120
31500
17511550
17543050
125
46500
15069550
15116050
130
64500
12684550
12749050
133
79500
11335150
11414650
134
84500
10886750
10971250
135
89500
10439950
10529450
136
97800
10029050
10126850
137
106100
9619550
9725650
138
114500
9210350
9324850
139
123600
8804950
8928550
140
132700
8399750
8532450
141
154400
8032550
8186950
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.