This page reflects AZZ options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — AZZ
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $140.00 (0.61 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$140.00
Nearest expiry
Expected Move
±$11.10
±8.0%
Days to Expiry
14
Calendar days
Total Call OI
724
Nearest expiry
Total Put OI
218
Nearest expiry
P/C OI Ratio
0.30
Put-heavy
Spot Price
$139.39
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
$140.00
8/21/2026, 11:04:24 PM
2026-09-18
$145.00
9/18/2026, 11:06:05 PM
2026-10-16NextUpdated
$140.00
10/2/2026, 11:04:43 PM
2026-11-20
$145.00
10/2/2026, 11:04:43 PM
2027-02-19
$130.00
10/2/2026, 11:04:43 PM
2027-05-21
$80.00
10/2/2026, 11:04:43 PM
Selected expiration: 2026-10-16 at max pain $140.00.
AZZ pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
1609500
1609500
80
2000
1173500
1175500
85
2500
1065500
1068000
90
3000
959000
962000
95
3500
854000
857500
100
4000
750000
754000
105
4500
652000
656500
110
5000
555500
560500
115
6000
461000
467000
120
7500
380000
387500
125
9000
303500
312500
135
14000
154500
168500
140
24000
82500
106500
145
134000
11500
145500
150
370500
6000
376500
155
647500
3500
651000
160
927000
1500
928500
165
1206500
0
1206500
170
1487000
0
1487000
175
1848500
0
1848500
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.