This page reflects AXON options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — AXON
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $450.00 (36.65 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$450.00
Nearest expiry
Expected Move
±$12.40
±3.0%
Days to Expiry
7
Calendar days
Total Call OI
802
Nearest expiry
Total Put OI
650
Nearest expiry
P/C OI Ratio
0.81
Put-heavy
Spot Price
$413.35
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$450.00
9/25/2026, 11:04:31 PM
2026-10-02Updated
$432.50
10/2/2026, 11:06:25 PM
2026-10-09Next
$450.00
10/2/2026, 11:06:25 PM
2026-10-16
$462.50
10/2/2026, 11:06:25 PM
2026-10-23
$490.00
10/2/2026, 11:06:25 PM
2026-10-30
$450.00
10/2/2026, 11:06:25 PM
2026-11-06
$450.00
10/2/2026, 11:06:25 PM
2026-11-20
$450.00
10/2/2026, 11:06:25 PM
2026-12-18
$500.00
10/2/2026, 11:06:25 PM
2027-01-15
$540.00
10/2/2026, 11:06:25 PM
2027-03-19
$500.00
10/2/2026, 11:06:25 PM
2027-06-17
$580.00
10/2/2026, 11:06:25 PM
2027-09-17
$560.00
10/2/2026, 11:06:25 PM
Selected expiration: 2026-10-09 at max pain $450.00.
AXON pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
300
0
9108750
9108750
310
0
8246750
8246750
320
1000
7385750
7386750
330
3000
6529750
6532750
340
5000
5675750
5680750
350
7000
4822750
4829750
355
8000
4396750
4404750
360
10000
3970750
3980750
365
12000
3546250
3558250
370
14000
3131250
3145250
375
16000
2731750
2747750
380
18000
2334750
2352750
385
20500
1959750
1980250
390
23000
1679750
1702750
395
25500
1424250
1449750
397.5
26750
1312000
1338750
400
28000
1201000
1229000
402.5
33000
1118000
1151000
405
38000
1035250
1073250
407.5
43000
956500
999500
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.