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 Axalta Coating Systems options about one week from expiration was $33.00. The chart above shows the exact max pain for each expiration date.

Axalta Coating Systems closed above its near-term max pain on 20 of the last 20 trading days. On Nov 4, 2026 it closed at $37.45, 13.5% above max pain of $33.00.

Over the last 20 trading days, near-term max pain for Axalta Coating Systems ranged from $31.34 to $33.00. It went from $31.98 on Oct 8, 2026 to $33.00 on Nov 4, 2026. See the AXTA max pain history for a longer view.

Axalta Coating Systems Ltd is a manufacturer, marketer, and distributor of high-performance coatings systems.