This page reflects ANIP 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 — ANIP
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $80.00 (6.03 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$11.80
±13.7%
Days to Expiry
15
Calendar days
Total Call OI
150
Nearest expiry
Total Put OI
2,091
Nearest expiry
P/C OI Ratio
13.94
Put-heavy
Spot Price
$86.03
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$80.00
5/15/2026, 11:02:55 PM
2026-06-18
$80.00
6/18/2026, 11:03:12 PM
2026-07-17NextUpdated
$80.00
7/3/2026, 11:04:04 PM
2026-08-21
$80.00
7/3/2026, 11:04:04 PM
2026-10-16
$80.00
7/3/2026, 11:04:04 PM
2027-01-15
$115.00
7/3/2026, 11:04:04 PM
Selected expiration: 2026-07-17 at max pain $80.00.
ANIP pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
5309000
5309000
50
0
4263500
4263500
60
0
2172500
2172500
65
0
1131000
1131000
70
500
91000
91500
75
1000
55000
56000
80
6500
29500
36000
85
26500
19500
46000
90
74000
11500
85500
95
125500
6000
131500
100
195000
500
195500
105
266500
0
266500
115
409500
0
409500
120
482000
0
482000
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.