This page reflects ANF 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 — ANF
Data as of market close Aug 19, 2026
Nearest listed expiration 2026-08-21 shows max pain at $99.00 (6.45 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$99.00
Nearest expiry
Expected Move
±$4.53
±4.3%
Days to Expiry
2
Calendar days
Total Call OI
6,717
Nearest expiry
Total Put OI
5,101
Nearest expiry
P/C OI Ratio
0.76
Put-heavy
Spot Price
$105.45
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
$99.00
8/19/2026, 11:03:19 PM
2026-08-28
$105.00
8/19/2026, 11:03:19 PM
2026-09-04
$100.00
8/19/2026, 11:03:19 PM
2026-09-11
$100.00
8/19/2026, 11:03:19 PM
2026-09-18
$95.00
8/19/2026, 11:03:19 PM
2026-09-25
$113.00
8/19/2026, 11:03:19 PM
2026-10-16
$100.00
8/19/2026, 11:03:19 PM
2026-11-20
$90.00
8/19/2026, 11:03:19 PM
2026-12-18
$100.00
8/19/2026, 11:03:19 PM
2027-01-15
$85.00
8/19/2026, 11:03:19 PM
2027-02-19
$130.00
8/19/2026, 11:03:19 PM
Selected expiration: 2026-08-21 at max pain $99.00.
ANF pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
27375500
27375500
45
0
24826000
24826000
50
500
22283000
22283500
55
45000
19906500
19951500
60
173000
17557500
17730500
65
303000
15244000
15547000
70
434000
12999000
13433000
75
602000
10818500
11420500
80
802500
8804500
9607000
83
966600
7614400
8581000
84
1021300
7218700
8240000
85
1076700
6823300
7900000
86
1202900
6504800
7707700
87
1329100
6186700
7515800
88
1455300
5870400
7325700
89
1581500
5554300
7135800
90
1707700
5238800
6946500
91
1861600
4956000
6817600
92
2015800
4675900
6691700
93
2170100
4396300
6566400
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.