This page reflects ANRO 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 — ANRO
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $22.50 (2.28 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$22.50
Nearest expiry
Expected Move
±$5.25
±21.2%
Days to Expiry
15
Calendar days
Total Call OI
412
Nearest expiry
Total Put OI
348
Nearest expiry
P/C OI Ratio
0.84
Put-heavy
Spot Price
$24.78
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
$25.00
5/15/2026, 11:03:27 PM
2026-06-18
$20.00
6/18/2026, 11:04:16 PM
2026-07-17NextUpdated
$22.50
7/3/2026, 11:02:39 PM
2026-10-16
$2.50
7/3/2026, 11:02:39 PM
Selected expiration: 2026-07-17 at max pain $22.50.
ANRO pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
695500
695500
5
0
613500
613500
7.5
250
531500
531750
10
1000
449500
450500
15
2500
289000
291500
17.5
4000
209250
213250
20
11000
129500
140500
22.5
31250
52250
83500
25
83250
14000
97250
30
221750
0
221750
35
408250
0
408250
40
610250
0
610250
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.