This page reflects AZN options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — AZN
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $185.00 (2.46 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$185.00
Nearest expiry
Expected Move
±$12.25
±6.5%
Days to Expiry
29
Calendar days
Total Call OI
11,118
Nearest expiry
Total Put OI
9,259
Nearest expiry
P/C OI Ratio
0.83
Put-heavy
Spot Price
$187.46
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$90.00
4/17/2026, 11:04:18 PM
2026-05-15
$190.00
5/15/2026, 11:04:53 PM
2026-06-18NextUpdated
$185.00
5/20/2026, 11:04:56 PM
2026-07-17
$175.00
5/20/2026, 11:04:56 PM
2026-09-18
$110.00
5/20/2026, 11:04:56 PM
2026-10-16
$180.00
5/20/2026, 11:04:56 PM
2027-01-15
$85.00
5/20/2026, 11:04:56 PM
Selected expiration: 2026-06-18 at max pain $185.00.
AZN pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
83238500
83238500
55
0
78609500
78609500
60
0
73981500
73981500
65
31500
69358000
69389500
70
63500
64735500
64799000
75
95500
60125500
60221000
77.5
112500
57820750
57933250
80
138000
55536000
55674000
82.5
171500
53262250
53433750
85
208000
51034250
51242250
87.5
249750
48873250
49123000
90
297000
46745250
47042250
92.5
377000
44973000
45350000
95
501250
43239000
43740250
97.5
735000
41865000
42600000
100
1003750
40499500
41503250
105
1541250
37768500
39309750
110
2078750
35037500
37116250
115
2616250
32306500
34922750
120
3153750
29575500
32729250
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.