This page reflects AXON options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — AXON
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $480.00 (117.04 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$480.00
Nearest expiry
Expected Move
±$22.15
±3.7%
Days to Expiry
8
Calendar days
Total Call OI
1,127
Nearest expiry
Total Put OI
728
Nearest expiry
P/C OI Ratio
0.65
Put-heavy
Spot Price
$597.04
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$435.00
6/26/2026, 11:05:27 PM
2026-07-02
$480.00
7/2/2026, 11:05:42 PM
2026-07-10NextUpdated
$480.00
7/3/2026, 11:04:42 PM
2026-07-17
$450.00
7/3/2026, 11:04:42 PM
2026-07-24
$455.00
7/3/2026, 11:04:42 PM
2026-07-31
$470.00
7/3/2026, 11:04:42 PM
2026-08-07
$475.00
7/3/2026, 11:04:42 PM
2026-08-21
$490.00
7/3/2026, 11:04:42 PM
2026-09-18
$450.00
7/3/2026, 11:04:42 PM
2026-12-18
$470.00
7/3/2026, 11:04:42 PM
2027-01-15
$600.00
7/3/2026, 11:04:42 PM
2027-03-19
$450.00
7/3/2026, 11:04:42 PM
2027-06-17
$450.00
7/3/2026, 11:04:42 PM
Selected expiration: 2026-07-10 at max pain $480.00.
AXON pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
200
0
19156000
19156000
300
0
11886000
11886000
315
1500
10795500
10797000
330
3000
9723000
9726000
335
3500
9367000
9370500
340
4000
9011500
9015500
350
5000
8302500
8307500
355
5500
7948500
7954000
360
6000
7606500
7612500
365
6500
7266000
7272500
370
7000
6927500
6934500
375
7500
6590500
6598000
380
8000
6256000
6264000
385
8500
5924000
5932500
390
9000
5596000
5605000
392.5
9250
5440000
5449250
395
9500
5284250
5293750
400
10000
4976750
4986750
405
11000
4688250
4699250
410
12000
4400750
4412750
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.