Praxis Precision Medicines, IncClose $283.56EOD only
Max Pain
$320.00
Next expiry Oct 16, 2026
Expected Move
±$32.65
11.5% from close
Price Gap
+36.44
Distance to max pain
IV Rank
19
Low premium
P/C OI
0.41
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 5, 2026 close
End-of-day snapshot
This page reflects PRAX 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 — PRAX
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $320.00 (36.44 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$320.00
Nearest expiry
Expected Move
±$32.65
±11.5%
Days to Expiry
11
Calendar days
Total Call OI
2,734
Nearest expiry
Total Put OI
329
Nearest expiry
P/C OI Ratio
0.12
Put-heavy
Spot Price
$283.56
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
$330.00
8/21/2026, 11:27:36 PM
2026-09-18
$330.00
9/18/2026, 11:27:24 PM
2026-10-16NextUpdated
$320.00
10/5/2026, 11:27:33 PM
2026-11-20
$290.00
10/5/2026, 11:27:33 PM
2026-12-18
$310.00
10/5/2026, 11:27:33 PM
2027-01-15
$300.00
10/5/2026, 11:27:33 PM
2027-02-19
$240.00
10/5/2026, 11:27:33 PM
2027-05-21
$200.00
10/5/2026, 11:27:33 PM
2027-06-17
$340.00
10/5/2026, 11:27:33 PM
Selected expiration: 2026-10-16 at max pain $320.00.
PRAX pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
220
0
3024000
3024000
240
0
2366000
2366000
250
0
2062000
2062000
260
2000
1765000
1767000
270
4000
1492000
1496000
280
6000
1225000
1231000
290
8000
969000
977000
300
17000
734000
751000
310
64000
551000
615000
320
125000
372000
497000
330
342000
193000
535000
340
613000
21000
634000
350
932000
10000
942000
360
1265000
0
1265000
370
1616000
0
1616000
380
1970000
0
1970000
400
2696000
0
2696000
410
3281000
0
3281000
420
3944000
0
3944000
430
4617000
0
4617000
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.