This page reflects AMGN 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 — AMGN
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $387.50 (37.78 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$387.50
Nearest expiry
Expected Move
±$9.18
±2.2%
Days to Expiry
3
Calendar days
Total Call OI
10,968
Nearest expiry
Total Put OI
15,316
Nearest expiry
P/C OI Ratio
1.40
Put-heavy
Spot Price
$425.28
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-08-07
$382.50
8/7/2026, 11:03:12 PM
2026-08-14
$387.50
8/14/2026, 11:04:36 PM
2026-08-21NextUpdated
$387.50
8/18/2026, 11:03:16 PM
2026-08-28
$397.50
8/18/2026, 11:03:16 PM
2026-09-04
$395.00
8/18/2026, 11:03:16 PM
2026-09-11
$390.00
8/18/2026, 11:03:16 PM
2026-09-18
$360.00
8/18/2026, 11:03:16 PM
2026-09-25
$395.00
8/18/2026, 11:03:16 PM
2026-10-02
$380.00
8/18/2026, 11:03:16 PM
2026-10-16
$330.00
8/18/2026, 11:03:16 PM
2026-11-20
$410.00
8/18/2026, 11:03:16 PM
2026-12-18
$360.00
8/18/2026, 11:03:16 PM
2027-01-15
$350.00
8/18/2026, 11:03:16 PM
2027-03-19
$360.00
8/18/2026, 11:03:16 PM
2027-06-17
$380.00
8/18/2026, 11:03:16 PM
Selected expiration: 2026-08-21 at max pain $387.50.
AMGN pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
170
0
265238250
265238250
175
3500
257587750
257591250
180
8500
249952250
249960750
185
15500
242328250
242343750
190
23000
234705250
234728250
200
38000
219459250
219497250
230
83000
173724250
173807250
235
91000
166102250
166193250
240
99000
158480750
158579750
245
107000
150860250
150967250
250
115000
143243750
143358750
255
123000
135630250
135753250
260
131000
128101250
128232250
265
139000
120817750
120956750
270
147000
113672250
113819250
275
155000
106664750
106819750
280
163000
99795250
99958250
285
171000
92955250
93126250
290
182000
86132250
86314250
295
193500
79326250
79519750
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.