American Water Works Company, IClose $127.84EOD only
Max Pain
$130.00
Next expiry Oct 16, 2026
Expected Move
±$4.25
3.3% from close
Price Gap
+2.16
Distance to max pain
IV Rank
5
Low premium
P/C OI
0.45
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 5, 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
Oct 5, 2026 close
Max Pain — AWK
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $130.00 (2.16 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$130.00
Nearest expiry
Expected Move
±$4.25
±3.3%
Days to Expiry
11
Calendar days
Total Call OI
2,407
Nearest expiry
Total Put OI
515
Nearest expiry
P/C OI Ratio
0.21
Put-heavy
Spot Price
$127.84
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$135.00
8/21/2026, 11:05:28 PM
2026-09-18
$130.00
9/18/2026, 11:05:15 PM
2026-10-16NextUpdated
$130.00
10/5/2026, 11:04:43 PM
2026-11-20
$130.00
10/5/2026, 11:04:43 PM
2026-12-18
$135.00
10/5/2026, 11:04:43 PM
2027-03-19
$135.00
10/5/2026, 11:04:43 PM
Selected expiration: 2026-10-16 at max pain $130.00.
AWK pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
80
0
2546500
2546500
110
0
1013500
1013500
115
0
760000
760000
120
1000
509000
510000
125
2000
264000
266000
130
3000
78000
81000
135
95000
18500
113500
140
969000
0
969000
145
1897500
0
1897500
150
2918000
0
2918000
155
4104000
0
4104000
160
5302000
0
5302000
165
6504500
0
6504500
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.