This page reflects AVXL options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 19, 2026 close
Max Pain — AVXL
Data as of market close May 19, 2026
Nearest listed expiration 2026-06-18 shows max pain at $4.00 (1.33 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$4.00
Nearest expiry
Expected Move
±$0.45
±16.9%
Days to Expiry
30
Calendar days
Total Call OI
21,056
Nearest expiry
Total Put OI
2,272
Nearest expiry
P/C OI Ratio
0.11
Put-heavy
Spot Price
$2.67
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$5.00
4/17/2026, 11:05:32 PM
2026-05-15
$3.00
5/15/2026, 11:04:37 PM
2026-06-18NextUpdated
$4.00
5/19/2026, 11:05:23 PM
2026-07-17
$3.00
5/19/2026, 11:05:23 PM
2026-10-16
$4.00
5/19/2026, 11:05:23 PM
2027-01-15
$3.00
5/19/2026, 11:05:23 PM
Selected expiration: 2026-06-18 at max pain $4.00.
AVXL pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
730000
730000
2
2100
504500
506600
3
5300
336300
341600
4
91900
184600
276500
5
289100
71500
360600
6
844000
6700
850700
7
1672600
5700
1678300
8
2696500
4700
2701200
9
3851900
3700
3855600
10
5026300
2700
5029000
11
6882300
2000
6884300
12
8777000
1300
8778300
13
10840700
1100
10841800
14
12904400
900
12905300
15
14969400
700
14970100
17
19099400
500
19099900
20
25294400
200
25294600
22
29424400
0
29424400
25
35619400
0
35619400
27
39777400
0
39777400
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.