This page reflects ANF options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — ANF
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $85.00 (7.42 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$85.00
Nearest expiry
Expected Move
±$5.35
±5.8%
Days to Expiry
8
Calendar days
Total Call OI
890
Nearest expiry
Total Put OI
439
Nearest expiry
P/C OI Ratio
0.49
Put-heavy
Spot Price
$92.42
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$84.00
6/26/2026, 11:02:28 PM
2026-07-02
$85.00
7/2/2026, 11:04:57 PM
2026-07-10NextUpdated
$85.00
7/3/2026, 11:03:13 PM
2026-07-17
$85.00
7/3/2026, 11:03:13 PM
2026-07-24
$89.00
7/3/2026, 11:03:13 PM
2026-07-31
$90.00
7/3/2026, 11:03:13 PM
2026-08-21
$85.00
7/3/2026, 11:03:13 PM
2026-09-18
$90.00
7/3/2026, 11:03:13 PM
2026-11-20
$75.00
7/3/2026, 11:03:13 PM
2026-12-18
$100.00
7/3/2026, 11:03:13 PM
2027-01-15
$85.00
7/3/2026, 11:03:13 PM
Selected expiration: 2026-07-10 at max pain $85.00.
ANF pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
1625500
1625500
55
1000
1190500
1191500
60
1500
974000
975500
65
2000
760000
762000
66
2100
717600
719700
67
2200
675300
677500
68
2300
633300
635600
69
2400
591500
593900
70
2500
550000
552500
71
2600
511200
513800
72
2700
472500
475200
73
2800
434900
437700
74
2900
397500
400400
75
3000
361400
364400
76
3500
325500
329000
77
4000
290100
294100
78
12700
255300
268000
79
21400
220600
242000
80
30100
188900
219000
81
38800
157800
196600
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.