This page reflects ANDE options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 21, 2026 close
Max Pain — ANDE
Data as of market close May 21, 2026
Nearest listed expiration 2026-06-18 shows max pain at $70.00 (0.27 below 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
±$5.42
±7.7%
Days to Expiry
28
Calendar days
Total Call OI
560
Nearest expiry
Total Put OI
314
Nearest expiry
P/C OI Ratio
0.56
Put-heavy
Spot Price
$70.27
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$75.00
4/17/2026, 11:03:45 PM
2026-05-15
$70.00
5/15/2026, 11:03:15 PM
2026-06-18NextUpdated
$70.00
5/21/2026, 11:03:07 PM
2026-09-18
$60.00
5/21/2026, 11:03:07 PM
2026-12-18
$60.00
5/21/2026, 11:03:07 PM
Selected expiration: 2026-06-18 at max pain $70.00.
ANDE pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
1236500
1236500
35
0
923500
923500
40
0
781000
781000
45
0
638500
638500
50
0
507000
507000
55
0
375500
375500
60
4000
245000
249000
65
27500
117000
144500
70
70500
4500
75000
75
236000
1000
237000
80
429000
0
429000
85
658000
0
658000
90
932000
0
932000
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.