This page reflects AZZ options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 19, 2026 close
Max Pain — AZZ
Data as of market close Aug 19, 2026
Nearest listed expiration 2026-08-21 shows max pain at $140.00 (3.51 below 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
±$3.45
±2.4%
Days to Expiry
2
Calendar days
Total Call OI
378
Nearest expiry
Total Put OI
184
Nearest expiry
P/C OI Ratio
0.49
Put-heavy
Spot Price
$143.51
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$140.00
6/18/2026, 11:06:19 PM
2026-07-17
$150.00
7/17/2026, 11:05:59 PM
2026-08-21NextUpdated
$140.00
8/19/2026, 11:06:32 PM
2026-09-18
$145.00
8/19/2026, 11:06:32 PM
2026-10-16
$145.00
8/19/2026, 11:06:32 PM
2026-11-20
$145.00
8/19/2026, 11:06:32 PM
2027-02-19
$130.00
8/19/2026, 11:06:32 PM
Selected expiration: 2026-08-21 at max pain $140.00.
AZZ pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
1266000
1266000
70
0
991500
991500
90
2000
625500
627500
95
2500
537500
540000
110
4000
305000
309000
115
4500
227500
232000
120
5500
163000
168500
125
6500
100000
106500
130
8000
72000
80000
135
11500
45500
57000
140
21000
23000
44000
145
64000
11500
75500
150
132500
4500
137000
155
260000
1000
261000
160
405500
0
405500
165
562500
0
562500
170
720000
0
720000
175
892500
0
892500
180
1066000
0
1066000
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.