Praxis Precision Medicines, IncClose $335.61EOD only
Max Pain
$340.00
Next expiry Jun 18, 2026
Expected Move
±$52.90
15.8% from close
Price Gap
+4.39
Distance to max pain
IV Rank
1
Low premium
P/C OI
4.69
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: May 20, 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
May 20, 2026 close
Max Pain — PRAX
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $340.00 (4.39 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$340.00
Nearest expiry
Expected Move
±$52.90
±15.8%
Days to Expiry
29
Calendar days
Total Call OI
320
Nearest expiry
Total Put OI
322
Nearest expiry
P/C OI Ratio
1.01
Put-heavy
Spot Price
$335.61
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$320.00
4/17/2026, 11:23:57 PM
2026-05-15
$290.00
5/15/2026, 11:31:36 PM
2026-06-18NextUpdated
$340.00
5/20/2026, 11:29:06 PM
2026-07-17
$340.00
5/20/2026, 11:29:06 PM
2026-08-21
$175.00
5/20/2026, 11:29:06 PM
2026-12-18
$320.00
5/20/2026, 11:29:06 PM
2027-01-15
$300.00
5/20/2026, 11:29:06 PM
2027-02-19
$330.00
5/20/2026, 11:29:06 PM
Selected expiration: 2026-06-18 at max pain $340.00.
PRAX pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
150
0
5093000
5093000
170
0
4449000
4449000
190
2000
3805000
3807000
200
3000
3495000
3498000
210
4000
3186000
3190000
220
7000
2878000
2885000
240
13000
2266000
2279000
250
18000
1961000
1979000
260
27000
1656000
1683000
270
36000
1356000
1392000
290
56000
860000
916000
300
66000
667000
733000
310
83000
485000
568000
320
141000
306000
447000
330
242000
150000
392000
340
346000
0
346000
350
611000
0
611000
360
884000
0
884000
370
1159000
0
1159000
380
1440000
0
1440000
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.