Praxis Precision Medicines, IncClose $318.52EOD only
Max Pain
$320.00
Next expiry Jul 17, 2026
Expected Move
±$29.55
9.3% from close
Price Gap
+1.48
Distance to max pain
IV Rank
12
Low premium
P/C OI
1.80
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 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
Jul 2, 2026 close
Max Pain — PRAX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $320.00 (1.48 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
±$29.55
±9.3%
Days to Expiry
15
Calendar days
Total Call OI
1,212
Nearest expiry
Total Put OI
398
Nearest expiry
P/C OI Ratio
0.33
Put-heavy
Spot Price
$318.52
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
$290.00
5/15/2026, 11:31:36 PM
2026-06-18
$280.00
6/18/2026, 11:27:45 PM
2026-07-17NextUpdated
$320.00
7/3/2026, 11:25:37 PM
2026-08-21
$280.00
7/3/2026, 11:25:37 PM
2026-11-20
$300.00
7/3/2026, 11:25:37 PM
2026-12-18
$320.00
7/3/2026, 11:25:37 PM
2027-01-15
$300.00
7/3/2026, 11:25:37 PM
2027-02-19
$280.00
7/3/2026, 11:25:37 PM
Selected expiration: 2026-07-17 at max pain $320.00.
PRAX pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
185
0
2972500
2972500
190
0
2774000
2774000
200
0
2387000
2387000
210
0
2085000
2085000
220
0
1785000
1785000
230
0
1489000
1489000
240
0
1196000
1196000
250
2000
907000
909000
260
5000
748000
753000
270
8000
610000
618000
280
21000
480000
501000
290
39000
365000
404000
300
59000
258000
317000
310
96000
164000
260000
320
138000
82000
220000
330
186000
47000
233000
340
234000
26000
260000
350
293000
17000
310000
360
369000
12000
381000
370
459000
10000
469000
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.