This page reflects AZO 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 — AZO
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $3050.00 (109.28 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$3050.00
Nearest expiry
Expected Move
±$152.10
±4.8%
Days to Expiry
15
Calendar days
Total Call OI
1,042
Nearest expiry
Total Put OI
1,795
Nearest expiry
P/C OI Ratio
1.72
Put-heavy
Spot Price
$3159.28
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$3500.00
5/15/2026, 11:06:19 PM
2026-06-18
$3050.00
6/18/2026, 11:06:33 PM
2026-07-17NextUpdated
$3050.00
7/3/2026, 11:05:29 PM
2026-08-21
$3010.00
7/3/2026, 11:05:29 PM
2026-09-18
$3100.00
7/3/2026, 11:05:29 PM
2026-12-18
$3700.00
7/3/2026, 11:05:29 PM
2027-01-15
$3200.00
7/3/2026, 11:05:29 PM
2027-03-19
$3300.00
7/3/2026, 11:05:29 PM
2027-06-17
$3150.00
7/3/2026, 11:05:29 PM
Selected expiration: 2026-07-17 at max pain $3050.00.
AZO pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
1520
0
211421000
211421000
1540
0
207893000
207893000
1560
0
204375000
204375000
1660
10000
186805000
186815000
1680
12000
183293000
183305000
1700
14000
179789000
179803000
1720
16000
176295000
176311000
1740
18000
172821000
172839000
1760
26000
169361000
169387000
1780
36000
165907000
165943000
1800
46000
162485000
162531000
1820
56000
159071000
159127000
2000
146000
128525000
128671000
2050
181000
120045000
120226000
2150
251000
103095000
103346000
2200
286000
94635000
94921000
2250
321000
86200000
86521000
2300
356000
77890000
78246000
2350
391000
69900000
70291000
2380
415000
65106000
65521000
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.