thetaOwl

ALNY

Alnylam Pharmaceuticals, Inc.Close $228.61EOD only
Max Pain
$230.00
Next expiry Aug 21, 2026
Expected Move
±$7.47
3.3% from close
Price Gap
+1.39
Distance to max pain
IV Rank
53
Middle-high premium
P/C OI
0.50
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects ALNY options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Aug 18, 2026 close
Max Pain — ALNY
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $230.00 (1.39 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$230.00
Nearest expiry
Expected Move
±$7.47
±3.3%
Days to Expiry
3
Calendar days
Total Call OI
5,584
Nearest expiry
Total Put OI
2,534
Nearest expiry
P/C OI Ratio
0.45
Put-heavy
Spot Price
$228.61
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$290.006/18/2026, 11:02:37 PM
2026-07-17$290.007/17/2026, 11:02:44 PM
2026-08-21NextUpdated$230.008/18/2026, 11:03:28 PM
2026-09-18$230.008/18/2026, 11:03:28 PM
2026-12-18$220.008/18/2026, 11:03:28 PM
2027-01-15$280.008/18/2026, 11:03:28 PM
2027-03-19$280.008/18/2026, 11:03:28 PM
Selected expiration: 2026-08-21 at max pain $230.00.
ALNY pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
17001278900012789000
17501155600011556000
1805001033300010333500
1851150091730009184500
1902300080590008082000
1953500070470007082000
2004950060750006124500
21026250045380004800500
22060650032160003822500
230118950021570003346500
240227950011430003422500
25039245003120004236500
26061065002030006309500
27085155001440008659500
2801097850010800011086500
290137475007200013819500
300166105003600016646500
310206165001800020634500
32024677500024677500
33028812500028812500
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.