This page reflects ANIP 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 — ANIP
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $75.00 (2.82 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$4.17
±5.8%
Days to Expiry
14
Calendar days
Total Call OI
3,161
Nearest expiry
Total Put OI
2,177
Nearest expiry
P/C OI Ratio
0.69
Put-heavy
Spot Price
$72.18
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$75.00
8/21/2026, 11:03:01 PM
2026-09-18
$75.00
9/18/2026, 11:03:14 PM
2026-10-16NextUpdated
$75.00
10/2/2026, 11:03:16 PM
2026-12-18
$65.00
10/2/2026, 11:03:16 PM
2027-01-15
$85.00
10/2/2026, 11:03:16 PM
2027-04-16
$70.00
10/2/2026, 11:03:16 PM
Selected expiration: 2026-10-16 at max pain $75.00.
ANIP pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
7581500
7581500
45
0
6493000
6493000
50
0
5406000
5406000
55
0
4321000
4321000
60
0
3237000
3237000
65
2000
2160000
2162000
70
4000
1085500
1089500
75
8500
13000
21500
80
15000
9500
24500
85
53000
6000
59000
90
1605500
2500
1608000
95
3162000
0
3162000
100
4726500
0
4726500
105
6294000
0
6294000
110
7863000
0
7863000
115
9435000
0
9435000
120
11008000
0
11008000
125
12587500
0
12587500
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.