This page reflects ANDE options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 19, 2026 close
Max Pain — ANDE
Data as of market close Aug 19, 2026
Nearest listed expiration 2026-08-21 shows max pain at $70.00 (2.27 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$2.95
±4.4%
Days to Expiry
2
Calendar days
Total Call OI
1,140
Nearest expiry
Total Put OI
132
Nearest expiry
P/C OI Ratio
0.12
Put-heavy
Spot Price
$67.73
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
$70.00
6/18/2026, 11:02:32 PM
2026-07-17
$65.00
7/17/2026, 11:03:01 PM
2026-08-21NextUpdated
$70.00
8/19/2026, 11:02:52 PM
2026-09-18
$60.00
8/19/2026, 11:02:52 PM
2026-12-18
$60.00
8/19/2026, 11:02:52 PM
2027-03-19
$40.00
8/19/2026, 11:02:52 PM
Selected expiration: 2026-08-21 at max pain $70.00.
ANDE pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
205000
205000
55
0
144500
144500
60
0
89000
89000
65
1500
37000
38500
70
3500
0
3500
75
33500
0
33500
80
81500
0
81500
85
631000
0
631000
90
1189000
0
1189000
95
1753000
0
1753000
100
2322000
0
2322000
105
2891500
0
2891500
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.