thetaOwl

AVB

AvalonBay Communities, Inc.Close $193.96EOD only
Max Pain
$190.00
Next expiry Jul 17, 2026
Expected Move
±$4.95
2.5% from close
Price Gap
-3.96
Distance to max pain
IV Rank
52
Middle-high premium
P/C OI
1.30
Slightly put-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-07-17 shows max pain at $190.00 (3.96 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$190.00
Nearest expiry
Expected Move
±$4.95
±2.5%
Days to Expiry
15
Calendar days
Total Call OI
829
Nearest expiry
Total Put OI
2,350
Nearest expiry
P/C OI Ratio
2.83
Put-heavy
Spot Price
$193.96
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$175.005/15/2026, 11:05:27 PM
2026-06-18$180.006/18/2026, 11:04:44 PM
2026-07-17NextUpdated$190.007/3/2026, 11:05:32 PM
2026-08-21$180.007/3/2026, 11:05:32 PM
2026-10-16$175.007/3/2026, 11:05:32 PM
2027-01-15$190.007/3/2026, 11:05:32 PM
Selected expiration: 2026-07-17 at max pain $190.00.
AVB pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
120085700008570000
130062200006220000
135051455005145500
140040870004087000
145031910003191000
150024210002421000
155018325001832500
16050013155001316000
1651000937000938000
1701500643000644500
17510000430500440500
18018500247500266000
18527500155000182500
1903950090000129500
19514800042500190500
2003635000363500
210102950001029500
220185150001851500
230267450002674500
240350150003501500
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.