American Water Works Company, IClose $122.36EOD only
Max Pain
$125.00
Next expiry Jun 18, 2026
Expected Move
±$6.95
5.7% from close
Price Gap
+2.64
Distance to max pain
IV Rank
2
Low premium
P/C OI
0.51
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 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
May 20, 2026 close
Max Pain — AWK
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $125.00 (2.64 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$125.00
Nearest expiry
Expected Move
±$6.95
±5.7%
Days to Expiry
29
Calendar days
Total Call OI
6,393
Nearest expiry
Total Put OI
2,837
Nearest expiry
P/C OI Ratio
0.44
Put-heavy
Spot Price
$122.36
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
$130.00
4/17/2026, 11:06:01 PM
2026-05-15
$130.00
5/15/2026, 11:06:00 PM
2026-06-18NextUpdated
$125.00
5/20/2026, 11:05:15 PM
2026-07-17
$125.00
5/20/2026, 11:05:15 PM
2026-09-18
$125.00
5/20/2026, 11:05:15 PM
2026-12-18
$130.00
5/20/2026, 11:05:15 PM
Selected expiration: 2026-06-18 at max pain $125.00.
AWK pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
75
0
12879000
12879000
85
0
10053000
10053000
90
0
8641000
8641000
95
500
7232500
7233000
100
1000
5824000
5825000
105
4000
4438500
4442500
110
7000
3064500
3071500
115
11500
1969000
1980500
120
37500
1023500
1061000
125
66500
488000
554500
130
401500
162000
563500
135
1020500
74500
1095000
140
3101500
35000
3136500
145
5392500
2000
5394500
150
8307000
1000
8308000
155
11336500
0
11336500
160
14388000
0
14388000
165
17570000
0
17570000
170
20752000
0
20752000
175
23943000
0
23943000
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.