AllianzIM U.S. Equity Buffer20 Jan ETF (JANW) Max Pain Analysis

Max pain is the strike price where aggregate option buyer payout is minimized at expiration. It represents the price at which option writers retain the most premium.

AllianzIM U.S. Equity Buffer20 Jan ETF (JANW) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $346.4M, listed on CBOE, carrying a beta of 0.37 to the broader market. This fund aims to mirror the share price returns of the SPDR S&P 500 ETF Trust, its benchmark asset, at the close of its defined outcome period. public since 2021-01-04.

Max pain analysis shows the strike price where the most options expire worthless. No recent options activity for JANW as of 2026-07-17; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.

Learn how max pain is reported and how to read the data →