This page reflects AZN options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — AZN
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $165.00 (8.47 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$165.00
Nearest expiry
Expected Move
±$7.05
±4.5%
Days to Expiry
11
Calendar days
Total Call OI
30,224
Nearest expiry
Total Put OI
13,597
Nearest expiry
P/C OI Ratio
0.45
Put-heavy
Spot Price
$156.53
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$160.00
8/21/2026, 11:04:56 PM
2026-09-18
$160.00
9/18/2026, 11:05:44 PM
2026-10-16NextUpdated
$165.00
10/5/2026, 11:04:58 PM
2026-11-20
$165.00
10/5/2026, 11:04:58 PM
2026-12-18
$160.00
10/5/2026, 11:04:58 PM
2027-01-15
$150.00
10/5/2026, 11:04:58 PM
2027-03-19
$135.00
10/5/2026, 11:04:58 PM
2027-04-16
$165.00
10/5/2026, 11:04:58 PM
2027-06-17
$70.00
10/5/2026, 11:04:58 PM
Selected expiration: 2026-10-16 at max pain $165.00.
AZN pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
110
0
67218500
67218500
115
3000
60425500
60428500
120
8000
53654000
53662000
125
14500
46922500
46937000
130
21000
40213000
40234000
135
48500
33592000
33640500
140
76000
27072500
27148500
145
111000
20717000
20828000
150
148500
14494000
14642500
155
211000
8605000
8816000
160
342000
3696000
4038000
165
1118500
783500
1902000
170
3442000
223500
3665500
175
15293500
49000
15342500
180
28089500
30500
28120000
185
41272500
22000
41294500
190
54759500
13500
54773000
195
68449500
5000
68454500
200
82952500
4000
82956500
210
112218500
2000
112220500
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.