This page reflects AA 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 — AA
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $43.00 (1.05 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$43.00
Nearest expiry
Expected Move
±$1.81
±4.3%
Days to Expiry
7
Calendar days
Total Call OI
2,639
Nearest expiry
Total Put OI
3,390
Nearest expiry
P/C OI Ratio
1.28
Put-heavy
Spot Price
$41.95
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$43.00
9/25/2026, 11:00:59 PM
2026-10-02Updated
$42.50
10/2/2026, 11:01:00 PM
2026-10-09Next
$43.00
10/2/2026, 11:01:00 PM
2026-10-16
$50.00
10/2/2026, 11:01:00 PM
2026-10-23
$44.00
10/2/2026, 11:01:00 PM
2026-10-30
$45.00
10/2/2026, 11:01:00 PM
2026-11-06
$45.00
10/2/2026, 11:01:00 PM
2026-11-20
$45.00
10/2/2026, 11:01:00 PM
2026-12-18
$45.00
10/2/2026, 11:01:00 PM
2027-01-15
$45.00
10/2/2026, 11:01:00 PM
2027-03-19
$55.00
10/2/2026, 11:01:00 PM
2027-04-16
$50.00
10/2/2026, 11:01:00 PM
2027-06-17
$40.00
10/2/2026, 11:01:00 PM
2027-09-17
$50.00
10/2/2026, 11:01:00 PM
Selected expiration: 2026-10-09 at max pain $43.00.
AA pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
32
0
3474600
3474600
33
0
3089000
3089000
34
100
2703400
2703500
35
300
2317800
2318100
36
600
1932200
1932800
37
1000
1547300
1548300
37.5
1250
1356150
1357400
38
1600
1168200
1169800
38.5
2150
983300
985450
39
2750
798600
801350
39.5
3500
616400
619900
40
4400
465200
469600
40.5
5800
385450
391250
41
7250
316400
323650
41.5
9400
257600
267000
42
12950
203500
216450
42.5
30200
160150
190350
43
53450
120600
174050
43.5
94950
95450
190400
44
145950
78950
224900
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.