American Water Works Company, IClose $136.27EOD only
Max Pain
$135.00
Next expiry Aug 21, 2026
Expected Move
±$2.92
2.1% from close
Price Gap
-1.27
Distance to max pain
IV Rank
11
Low premium
P/C OI
0.74
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects AWK 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 — AWK
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $135.00 (1.27 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$135.00
Nearest expiry
Expected Move
±$2.92
±2.1%
Days to Expiry
3
Calendar days
Total Call OI
3,057
Nearest expiry
Total Put OI
2,478
Nearest expiry
P/C OI Ratio
0.81
Put-heavy
Spot Price
$136.27
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
$125.00
6/18/2026, 11:05:44 PM
2026-07-17
$130.00
7/17/2026, 11:06:49 PM
2026-08-21NextUpdated
$135.00
8/18/2026, 11:06:08 PM
2026-09-18
$130.00
8/18/2026, 11:06:08 PM
2026-12-18
$130.00
8/18/2026, 11:06:08 PM
2027-03-19
$135.00
8/18/2026, 11:06:08 PM
Selected expiration: 2026-08-21 at max pain $135.00.
AWK pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
70
0
14758000
14758000
95
0
8565500
8565500
100
0
7328500
7328500
105
500
6091500
6092000
110
1000
4862000
4863000
115
1500
3634500
3636000
120
2000
2462500
2464500
125
2500
1431500
1434000
130
3500
637000
640500
135
10500
35500
46000
140
444500
0
444500
145
1488500
0
1488500
150
2994000
0
2994000
155
4519500
0
4519500
160
6046000
0
6046000
180
12158000
0
12158000
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.