AstraZeneca (AZN)
AstraZeneca Max Pain By Strike
AZN trades at $78.83, 8.7% above the near-term max pain of $72.5 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($55-$75), signaling increased put positioning or downside protection. Key magnetic zone at 73 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
AstraZeneca Max Pain By Expiry
Max pain for AZN shows a downward trend from 75 to 55, indicating bearish sentiment or hedging activity. The 28% spread signals divergent expectations across timeframes. Most levels below 78.83 may cap rallies. Strong magnetic level at 73 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 15, 2025 | 72.5 | -6.33 (-8.03%) |
| Aug 22, 2025 | 75 | -3.83 (-4.86%) |
| Aug 29, 2025 | 72 | -6.83 (-8.66%) |
| Sep 5, 2025 | 74 | -4.83 (-6.13%) |
| Sep 12, 2025 | 75 | -3.83 (-4.86%) |
| Sep 19, 2025 | 75 | -3.83 (-4.86%) |
| Sep 26, 2025 | 73 | -5.83 (-7.40%) |
| Oct 17, 2025 | 72.5 | -6.33 (-8.03%) |
| Dec 19, 2025 | 72.5 | -6.33 (-8.03%) |
| Jan 16, 2026 | 72.5 | -6.33 (-8.03%) |
| Apr 17, 2026 | 55 | -23.83 (-30.23%) |
| Jan 15, 2027 | 65 | -13.83 (-17.54%) |
| Jun 17, 2027 | 70 | -8.83 (-11.20%) |