This page reflects ANAB 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 — ANAB
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $55.00 (3.99 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$5.48
±9.3%
Days to Expiry
3
Calendar days
Total Call OI
617
Nearest expiry
Total Put OI
570
Nearest expiry
P/C OI Ratio
0.92
Put-heavy
Spot Price
$58.99
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
2026-06-18
$60.00
6/18/2026, 11:02:50 PM
2026-07-17
$55.00
7/17/2026, 11:03:16 PM
2026-08-21NextUpdated
$55.00
8/18/2026, 11:03:15 PM
2026-09-18
$55.00
8/18/2026, 11:03:15 PM
2026-11-20
$50.00
8/18/2026, 11:03:15 PM
2027-02-19
$35.00
8/18/2026, 11:03:15 PM
Selected expiration: 2026-08-21 at max pain $55.00.
ANAB pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
1065500
1065500
30
10000
781000
791000
35
21500
496500
518000
40
33500
214000
247500
45
45500
137000
182500
50
57500
74000
131500
55
88500
35000
123500
60
147500
10500
158000
65
252500
2000
254500
70
440000
0
440000
75
646500
0
646500
80
953500
0
953500
85
1261000
0
1261000
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.