This page reflects ANF 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 — ANF
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $104.00 (0.62 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$104.00
Nearest expiry
Expected Move
±$4.65
±4.5%
Days to Expiry
3
Calendar days
Total Call OI
6,477
Nearest expiry
Total Put OI
5,479
Nearest expiry
P/C OI Ratio
0.85
Put-heavy
Spot Price
$103.38
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
$98.00
8/7/2026, 11:03:24 PM
2026-08-14
$108.00
8/14/2026, 11:03:00 PM
2026-08-21NextUpdated
$104.00
8/18/2026, 11:04:24 PM
2026-08-28
$105.00
8/18/2026, 11:04:24 PM
2026-09-04
$102.00
8/18/2026, 11:04:24 PM
2026-09-11
$105.00
8/18/2026, 11:04:24 PM
2026-09-18
$95.00
8/18/2026, 11:04:24 PM
2026-09-25
$113.00
8/18/2026, 11:04:24 PM
2026-10-16
$100.00
8/18/2026, 11:04:24 PM
2026-11-20
$90.00
8/18/2026, 11:04:24 PM
2026-12-18
$100.00
8/18/2026, 11:04:24 PM
2027-01-15
$85.00
8/18/2026, 11:04:24 PM
2027-02-19
$130.00
8/18/2026, 11:04:24 PM
Selected expiration: 2026-08-21 at max pain $104.00.
ANF pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
30319100
30319100
45
0
27580600
27580600
50
500
24848600
24849100
55
45000
22283100
22328100
60
173000
19745100
19918100
65
302500
17242600
17545100
70
433000
14801600
15234600
75
600500
12425100
13025600
80
800500
10215100
11015600
83
964300
8907400
9871700
84
1018900
8472500
9491400
85
1074100
8037900
9112000
86
1200400
7680000
8880400
87
1326700
7322500
8649200
88
1453000
6966800
8419800
89
1579300
6611300
8190600
90
1705600
6256400
7962000
91
1859600
5930600
7790200
92
2013900
5607500
7621400
93
2168300
5284900
7453200
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.