thetaOwl

NAMS

NewAmsterdam Pharma Company N.VClose $23.20EOD only
Max Pain
$22.50
Next expiry Oct 16, 2026
Expected Move
±$1.50
6.5% from close
Price Gap
-0.70
Distance to max pain
IV Rank
31
Middle-high premium
P/C OI
0.87
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects NAMS 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 — NAMS
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-16 shows max pain at $22.50 (0.70 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
±$1.50
±6.5%
Days to Expiry
14
Calendar days
Total Call OI
1,632
Nearest expiry
Total Put OI
284
Nearest expiry
P/C OI Ratio
0.17
Put-heavy
Spot Price
$23.20
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-16
ExpirationMax Pain StrikeLast Updated
2026-08-21$35.008/21/2026, 11:20:07 PM
2026-09-18$25.009/18/2026, 11:21:55 PM
2026-10-16NextUpdated$22.5010/2/2026, 11:22:10 PM
2026-11-20$25.0010/2/2026, 11:22:10 PM
2026-12-18$20.0010/2/2026, 11:22:10 PM
2027-01-15$25.0010/2/2026, 11:22:10 PM
2027-02-19$30.0010/2/2026, 11:22:10 PM
2027-04-16$22.5010/2/2026, 11:22:10 PM
2027-06-17$25.0010/2/2026, 11:22:10 PM
Selected expiration: 2026-10-16 at max pain $22.50.
NAMS pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
17.50187750187750
20250116750117000
22.57504825049000
251475000147500
306720000672000
35147900001479000
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.