This page reflects APLD options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — APLD
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $30.00 (1.49 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$2.10
±7.4%
Days to Expiry
3
Calendar days
Total Call OI
75,239
Nearest expiry
Total Put OI
26,116
Nearest expiry
P/C OI Ratio
0.35
Put-heavy
Spot Price
$28.51
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
$28.00
8/7/2026, 11:04:38 PM
2026-08-14
$29.00
8/14/2026, 11:04:51 PM
2026-08-21NextUpdated
$30.00
8/18/2026, 11:04:38 PM
2026-08-28
$30.00
8/18/2026, 11:04:38 PM
2026-09-04
$30.00
8/18/2026, 11:04:38 PM
2026-09-11
$31.00
8/18/2026, 11:04:38 PM
2026-09-18
$30.00
8/18/2026, 11:04:38 PM
2026-09-25
$31.00
8/18/2026, 11:04:38 PM
2026-10-02
$30.00
8/18/2026, 11:04:38 PM
2026-10-16
$32.00
8/18/2026, 11:04:38 PM
2027-01-15
$20.00
8/18/2026, 11:04:38 PM
2027-06-17
$30.00
8/18/2026, 11:04:38 PM
Selected expiration: 2026-08-21 at max pain $30.00.
APLD pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
13
0
40213950
40213950
14
1000
37605150
37606150
15
3500
34996450
34999950
16
8400
32391550
32399950
17
14300
29791750
29806050
18
21900
27199650
27221550
19
29500
24616150
24645650
20
37700
22046050
22083750
20.5
43550
20791750
20835300
21
49550
19539100
19588650
21.5
55700
18330100
18385800
22
61850
17133650
17195500
22.5
68500
15974000
16042500
23
75500
14823350
14898850
23.5
86350
13685550
13771900
24
97650
12555000
12652650
24.5
111650
11437850
11549500
25
128550
10335200
10463750
25.5
154600
9390950
9545550
26
181900
8454350
8636250
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.