thetaOwl

AZN

AstraZeneca PLCClose $195.15EOD only
Max Pain
$180.00
Next expiry Jul 17, 2026
Expected Move
±$9.55
4.9% from close
Price Gap
-15.15
Distance to max pain
IV Rank
3
Low premium
P/C OI
0.98
Balanced positioning
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects AZN 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 — AZN
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $180.00 (15.15 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$180.00
Nearest expiry
Expected Move
±$9.55
±4.9%
Days to Expiry
15
Calendar days
Total Call OI
7,705
Nearest expiry
Total Put OI
5,459
Nearest expiry
P/C OI Ratio
0.71
Put-heavy
Spot Price
$195.15
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$190.005/15/2026, 11:04:53 PM
2026-06-18$170.006/18/2026, 11:05:38 PM
2026-07-17NextUpdated$180.007/3/2026, 11:06:06 PM
2026-08-21$185.007/3/2026, 11:06:06 PM
2026-09-18$170.007/3/2026, 11:06:06 PM
2026-10-16$185.007/3/2026, 11:06:06 PM
2027-01-15$87.507/3/2026, 11:06:06 PM
2027-06-17$70.007/3/2026, 11:06:06 PM
Selected expiration: 2026-07-17 at max pain $180.00.
AZN pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
6005107450051074500
6504834650048346500
7020004562000045622000
7540004289450042898500
80110004020750040218500
82.5157503887000038885750
85217503754125037563000
87.5487503622050036269250
90787503491125034990000
92.51192503382250033941750
951750003274875032923750
97.52690003170975031978750
1003930003067250031065500
1056410002859800029239000
1108890002652350027412500
11511370002444900025586000
12013850002238600023771000
12516330002032300021956000
13018810001827050020151500
13521290001622800018357000
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.