Westinghouse Air Brake TechnoloClose $262.19EOD only
Max Pain
$260.00
Next expiry Jul 17, 2026
Expected Move
±$12.55
4.8% from close
Price Gap
-2.19
Distance to max pain
IV Rank
22
Low premium
P/C OI
0.75
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects WAB 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 — WAB
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $260.00 (2.19 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$260.00
Nearest expiry
Expected Move
±$12.55
±4.8%
Days to Expiry
15
Calendar days
Total Call OI
555
Nearest expiry
Total Put OI
567
Nearest expiry
P/C OI Ratio
1.02
Put-heavy
Spot Price
$262.19
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
$250.00
5/15/2026, 11:46:10 PM
2026-06-18
$260.00
6/18/2026, 11:33:31 PM
2026-07-17NextUpdated
$260.00
7/3/2026, 11:33:46 PM
2026-08-21
$270.00
7/3/2026, 11:33:46 PM
2026-10-16
$240.00
7/3/2026, 11:33:46 PM
2027-01-15
$240.00
7/3/2026, 11:33:46 PM
Selected expiration: 2026-07-17 at max pain $260.00.
WAB pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
130
0
5496500
5496500
135
3500
5215500
5219000
140
7500
4934500
4942000
145
16500
4654000
4670500
150
28500
4374500
4403000
155
41500
4103000
4144500
160
54500
3833000
3887500
165
68000
3564000
3632000
170
83500
3330000
3413500
175
99500
3097500
3197000
180
118000
2865500
2983500
185
152500
2634000
2786500
190
187000
2412500
2599500
195
221500
2192500
2414000
200
257500
1979000
2236500
210
341500
1574000
1915500
220
429500
1175000
1604500
230
548500
843000
1391500
240
744500
551000
1295500
250
963500
272000
1235500
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.