thetaOwl

APLD

Applied Digital CorporationClose $33.06EOD only
Max Pain
$39.00
Next expiry Jul 10, 2026
Expected Move
±$3.73
11.3% from close
Price Gap
+5.94
Distance to max pain
IV Rank
25
Middle-high premium
P/C OI
0.54
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects APLD 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 — APLD
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $39.00 (5.94 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$39.00
Nearest expiry
Expected Move
±$3.73
±11.3%
Days to Expiry
8
Calendar days
Total Call OI
15,004
Nearest expiry
Total Put OI
11,755
Nearest expiry
P/C OI Ratio
0.78
Put-heavy
Spot Price
$33.06
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$43.506/26/2026, 11:03:19 PM
2026-07-02$38.007/2/2026, 11:04:51 PM
2026-07-10NextUpdated$39.007/3/2026, 11:03:04 PM
2026-07-17$36.007/3/2026, 11:03:04 PM
2026-07-24$40.007/3/2026, 11:03:04 PM
2026-07-31$39.507/3/2026, 11:03:04 PM
2026-08-07$37.507/3/2026, 11:03:04 PM
2026-08-21$41.007/3/2026, 11:03:04 PM
2026-09-18$33.007/3/2026, 11:03:04 PM
2026-10-16$37.007/3/2026, 11:03:04 PM
2027-01-15$17.007/3/2026, 11:03:04 PM
2027-06-17$30.007/3/2026, 11:03:04 PM
Selected expiration: 2026-07-10 at max pain $39.00.
APLD pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
2501301545013015450
30350072554507258950
30.5930067210506730350
311585061920506207900
31.52550057028005728300
323515052191505254300
32.54620047417004787900
335890042694004328300
33.57360038303503903950
348850034009003489400
34.510405029827503086800
3512035025776002697950
35.514200023182002460200
3618210020652002247300
36.524525018557002100950
3731620016511501967350
37.540185014578501859700
3849495012711001766050
38.561305011323501745400
397353009964001731700
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.