Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.

As of the Nov 4, 2026 close, max pain for Ameriprise Financial options about one week from expiration was $428.71. The chart above shows the exact max pain for each expiration date.

Ameriprise Financial closed above its near-term max pain on 20 of the last 20 trading days. On Nov 4, 2026 it closed at $527.58, 23.1% above max pain of $428.71.

Over the last 20 trading days, near-term max pain for Ameriprise Financial ranged from $415.60 to $490.19. It went from $490.19 on Oct 8, 2026 to $428.71 on Nov 4, 2026. See the AMP max pain history for a longer view.

Ameriprise Financial has evolved into a diversified financial services provider that generates roughly 65% of its operating profit from advice and wealth management.