thetaOwl

ASND

Ascendis Pharma A/SClose $248.85EOD only
Max Pain
$260.00
Next expiry Aug 21, 2026
Expected Move
±$8.90
3.6% from close
Price Gap
+11.15
Distance to max pain
IV Rank
69
High premium
P/C OI
0.34
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects ASND 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 — ASND
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $260.00 (11.15 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$260.00
Nearest expiry
Expected Move
±$8.90
±3.6%
Days to Expiry
3
Calendar days
Total Call OI
6,215
Nearest expiry
Total Put OI
1,746
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$248.85
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$230.006/18/2026, 11:04:22 PM
2026-07-17$240.007/17/2026, 11:04:06 PM
2026-08-21NextUpdated$260.008/18/2026, 11:04:45 PM
2026-09-18$260.008/18/2026, 11:04:45 PM
2026-10-16$220.008/18/2026, 11:04:45 PM
2026-12-18$210.008/18/2026, 11:04:45 PM
2027-01-15$230.008/18/2026, 11:04:45 PM
2027-03-19$200.008/18/2026, 11:04:45 PM
Selected expiration: 2026-08-21 at max pain $260.00.
ASND pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
10002471050024710500
11060002296450022970500
120130002121850021231500
130210001947250019493500
135260001859950018625500
140315001772650017758000
145370001685350016890500
150435001598050016024000
155510001510750015158500
160585001423550014294000
165675001336350013431000
170780001249500012573000
175980001162750011725500
1801200001076000010880000
185142500989350010036000
19016650090270009193500
19519200081665008358500
20021750073080007525500
21027250056520005924500
22033950040230004362500
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.