This page reflects AXON options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 19, 2026 close
Max Pain — AXON
Data as of market close Aug 19, 2026
Nearest listed expiration 2026-08-21 shows max pain at $570.00 (75.72 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$570.00
Nearest expiry
Expected Move
±$13.75
±2.1%
Days to Expiry
2
Calendar days
Total Call OI
3,245
Nearest expiry
Total Put OI
3,199
Nearest expiry
P/C OI Ratio
0.99
Put-heavy
Spot Price
$645.72
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
2026-08-07
$545.00
8/7/2026, 11:06:14 PM
2026-08-14
$575.00
8/14/2026, 11:05:06 PM
2026-08-21NextUpdated
$570.00
8/19/2026, 11:06:25 PM
2026-08-28
$580.00
8/19/2026, 11:06:25 PM
2026-09-04
$590.00
8/19/2026, 11:06:25 PM
2026-09-11
$600.00
8/19/2026, 11:06:25 PM
2026-09-18
$500.00
8/19/2026, 11:06:25 PM
2026-09-25
$590.00
8/19/2026, 11:06:25 PM
2026-10-02
$600.00
8/19/2026, 11:06:25 PM
2026-12-18
$500.00
8/19/2026, 11:06:25 PM
2027-01-15
$580.00
8/19/2026, 11:06:25 PM
2027-03-19
$520.00
8/19/2026, 11:06:25 PM
2027-06-17
$670.00
8/19/2026, 11:06:25 PM
Selected expiration: 2026-08-21 at max pain $570.00.
AXON pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
250
0
77481000
77481000
260
0
74300000
74300000
270
1000
71119000
71120000
280
2000
67940000
67942000
290
3000
64831000
64834000
300
11000
61724000
61735000
310
22000
58680000
58702000
320
34000
55722000
55756000
330
47000
52778000
52825000
340
60000
49860000
49920000
350
73000
46963000
47036000
360
90000
44089000
44179000
370
107000
41222000
41329000
380
124000
38369000
38493000
390
152000
35550000
35702000
400
180000
32817000
32997000
410
212000
30160000
30372000
420
249000
27530000
27779000
425
270000
26235500
26505500
430
291000
24943500
25234500
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.