This page reflects ANF options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — ANF
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $135.00 (0.91 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$135.00
Nearest expiry
Expected Move
±$7.17
±5.3%
Days to Expiry
7
Calendar days
Total Call OI
1,068
Nearest expiry
Total Put OI
483
Nearest expiry
P/C OI Ratio
0.45
Put-heavy
Spot Price
$135.91
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$131.00
9/25/2026, 11:02:37 PM
2026-10-02Updated
$130.00
10/2/2026, 11:02:41 PM
2026-10-09Next
$135.00
10/2/2026, 11:02:41 PM
2026-10-16
$140.00
10/2/2026, 11:02:41 PM
2026-10-23
$137.00
10/2/2026, 11:02:41 PM
2026-10-30
$145.00
10/2/2026, 11:02:41 PM
2026-11-06
$121.00
10/2/2026, 11:02:41 PM
2026-11-20
$135.00
10/2/2026, 11:02:41 PM
2026-12-18
$120.00
10/2/2026, 11:02:41 PM
2027-01-15
$105.00
10/2/2026, 11:02:41 PM
2027-02-19
$130.00
10/2/2026, 11:02:41 PM
2027-03-19
$145.00
10/2/2026, 11:02:41 PM
2027-06-17
$135.00
10/2/2026, 11:02:41 PM
Selected expiration: 2026-10-09 at max pain $135.00.
ANF pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
85
0
2452800
2452800
110
2500
1245300
1247800
115
5000
1007800
1012800
120
13500
774800
788300
123
19500
657800
677300
124
21500
618900
640400
125
24500
580200
604700
127
30500
506200
536700
128
34100
469300
503400
129
38000
433200
471200
130
41900
398900
440800
131
46500
367200
413700
132
51100
335800
386900
133
56100
305300
361400
134
61900
275600
337500
135
69200
246300
315500
136
128800
218000
346800
137
188600
190600
379200
138
249600
163300
412900
139
315400
136400
451800
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.