What is AXP max pain this week?

AXP max pain for the nearest expiration (2026-07-10) is $342.50. Total call open interest: 4,047. Total put open interest: 4,718.

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 $351.96EOD only

Max Pain

$342.50

Next expiry Jul 10, 2026

Expected Move

±$10.82

3.1% from close

Price Gap

-9.46

Distance to max pain

IV Rank

Low premium

P/C OI

0.58

Slightly call-heavy

Consensus

4/4

Partial coverage

Published snapshot: Jul 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

Jul 2, 2026 close

Max Pain — AXP

Data as of market close Jul 2, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-07-10 shows max pain at $342.50 (9.46 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$342.50

Nearest expiry

Expected Move

±$10.82

±3.1%

Days to Expiry

Calendar days

Total Call OI

4,047

Nearest expiry

Total Put OI

4,718

Nearest expiry

P/C OI Ratio

1.17

Put-heavy

Spot Price

$351.96

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	$332.50	6/26/2026, 11:06:13 PM
2026-07-02	$345.00	7/2/2026, 11:05:14 PM
2026-07-10NextUpdated	$342.50	7/3/2026, 11:05:53 PM
2026-07-17	$330.00	7/3/2026, 11:05:53 PM
2026-07-24	$330.00	7/3/2026, 11:05:53 PM
2026-07-31	$325.00	7/3/2026, 11:05:53 PM
2026-08-07	$330.00	7/3/2026, 11:05:53 PM
2026-08-21	$330.00	7/3/2026, 11:05:53 PM
2026-09-18	$330.00	7/3/2026, 11:05:53 PM
2026-10-16	$330.00	7/3/2026, 11:05:53 PM
2026-11-20	$320.00	7/3/2026, 11:05:53 PM
2026-12-18	$300.00	7/3/2026, 11:05:53 PM
2027-01-15	$310.00	7/3/2026, 11:05:53 PM
2027-02-19	$310.00	7/3/2026, 11:05:53 PM
2027-03-19	$320.00	7/3/2026, 11:05:53 PM
2027-06-17	$310.00	7/3/2026, 11:05:53 PM

Selected expiration: 2026-07-10 at max pain $342.50.

AXP pain by strike for 2026-07-10 expiration
Strike	Put Pain	Total Pain
195	47980000	47980000
200	45667500	45667500
205	43399000	43399000
210	41164000	41164000
215	39028500	39028500
220	36913000	36913000
225	34811000	34811000
230	32723500	32723500
235	30655500	30655500
240	28614500	28614500
245	26636000	26636000
250	24681500	24681500
255	22749500	22749500
260	20850000	20850000
265	18979500	18979500
270	17263500	17263500
275	15574000	15574000
280	13917000	13917000
285	12280000	12280000
290	10660000	10660000

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.