Praxis Precision Medicines, IncClose $369.84EOD only
Max Pain
$330.00
Next expiry Aug 21, 2026
Expected Move
±$11.95
3.2% from close
Price Gap
-39.84
Distance to max pain
IV Rank
14
Low premium
P/C OI
1.56
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 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
Aug 18, 2026 close
Max Pain — PRAX
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $330.00 (39.84 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$330.00
Nearest expiry
Expected Move
±$11.95
±3.2%
Days to Expiry
3
Calendar days
Total Call OI
729
Nearest expiry
Total Put OI
860
Nearest expiry
P/C OI Ratio
1.18
Put-heavy
Spot Price
$369.84
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
$280.00
6/18/2026, 11:27:45 PM
2026-07-17
$320.00
7/17/2026, 11:28:31 PM
2026-08-21NextUpdated
$330.00
8/18/2026, 11:26:07 PM
2026-09-18
$360.00
8/18/2026, 11:26:07 PM
2026-10-16
$340.00
8/18/2026, 11:26:07 PM
2026-11-20
$320.00
8/18/2026, 11:26:07 PM
2026-12-18
$430.00
8/18/2026, 11:26:07 PM
2027-01-15
$300.00
8/18/2026, 11:26:07 PM
2027-02-19
$280.00
8/18/2026, 11:26:07 PM
2027-06-17
$340.00
8/18/2026, 11:26:07 PM
Selected expiration: 2026-08-21 at max pain $330.00.
PRAX pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
85
0
17725500
17725500
90
1000
17295500
17296500
95
2000
16865500
16867500
100
3500
16435500
16439000
105
5500
16006000
16011500
110
7500
15576500
15584000
115
11500
15147000
15158500
120
16000
14717500
14733500
130
25000
13858500
13883500
135
31000
13429000
13460000
140
37000
12999500
13036500
145
43500
12571000
12614500
150
50500
12142500
12193000
155
60500
11714500
11775000
160
71500
11286500
11358000
165
83500
10858500
10942000
170
96000
10430500
10526500
175
109000
10002500
10111500
180
122500
9576500
9699000
185
137000
9152000
9289000
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.