What is AXP max pain this week?

AXP max pain for the nearest expiration (2026-10-09) is $307.50. Total call open interest: 2,963. Total put open interest: 3,472.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options AXPMax Pain

AXP

American Express CompanyClose $302.78EOD only

Max Pain

$307.50

Next expiry Oct 9, 2026

Expected Move

±$7.85

2.6% from close

Price Gap

+4.72

Distance to max pain

IV Rank

Low premium

P/C OI

0.60

Slightly call-heavy

Consensus

4/4

Partial coverage

Published snapshot: Oct 2, 2026 close

End-of-day snapshot

This page reflects AXP 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 — AXP

Data as of market close Oct 2, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-10-09 shows max pain at $307.50 (4.72 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$307.50

Nearest expiry

Expected Move

±$7.85

±2.6%

Days to Expiry

Calendar days

Total Call OI

2,963

Nearest expiry

Total Put OI

3,472

Nearest expiry

P/C OI Ratio

1.17

Put-heavy

Spot Price

$302.78

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	$307.50	9/25/2026, 11:05:42 PM
2026-10-02Updated	$302.50	10/2/2026, 11:05:08 PM
2026-10-09Next	$307.50	10/2/2026, 11:05:08 PM
2026-10-16	$325.00	10/2/2026, 11:05:08 PM
2026-10-23	$315.00	10/2/2026, 11:05:08 PM
2026-10-30	$310.00	10/2/2026, 11:05:08 PM
2026-11-06	$310.00	10/2/2026, 11:05:08 PM
2026-11-20	$330.00	10/2/2026, 11:05:08 PM
2026-12-18	$310.00	10/2/2026, 11:05:08 PM
2027-01-15	$320.00	10/2/2026, 11:05:08 PM
2027-02-19	$320.00	10/2/2026, 11:05:08 PM
2027-03-19	$330.00	10/2/2026, 11:05:08 PM
2027-04-16	$270.00	10/2/2026, 11:05:08 PM
2027-06-17	$330.00	10/2/2026, 11:05:08 PM
2027-09-17	$320.00	10/2/2026, 11:05:08 PM

Selected expiration: 2026-10-09 at max pain $307.50.

AXP pain by strike for 2026-10-09 expiration
Strike	Call Pain	Put Pain	Total Pain
195	0	26081500	26081500
200	0	24346500	24346500
205	0	22618500	22618500
210	0	20896500	20896500
215	0	19185500	19185500
220	0	17532000	17532000
225	0	16015000	16015000
230	0	14559000	14559000
235	0	13266000	13266000
240	500	12006500	12007000
245	1000	10799000	10800000
250	1500	9611500	9613000
255	2000	8437500	8439500
260	2500	7278000	7280500
265	3000	6142000	6145000
270	3500	5024000	5027500
275	4000	3920500	3924500
280	4500	2841000	2845500
285	5500	1974000	1979500
287.5	6000	1652000	1658000

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.