This page reflects ADI 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 — ADI
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $370.00 (47.15 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$370.00
Nearest expiry
Expected Move
±$9.00
±2.2%
Days to Expiry
7
Calendar days
Total Call OI
4,678
Nearest expiry
Total Put OI
3,112
Nearest expiry
P/C OI Ratio
0.67
Put-heavy
Spot Price
$417.15
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
$370.00
9/25/2026, 11:02:08 PM
2026-10-02Updated
$385.00
10/2/2026, 11:01:48 PM
2026-10-09Next
$370.00
10/2/2026, 11:01:48 PM
2026-10-16
$370.00
10/2/2026, 11:01:48 PM
2026-10-23
$380.00
10/2/2026, 11:01:48 PM
2026-10-30
$385.00
10/2/2026, 11:01:48 PM
2026-11-06
$380.00
10/2/2026, 11:01:48 PM
2026-11-20
$360.00
10/2/2026, 11:01:48 PM
2026-12-18
$370.00
10/2/2026, 11:01:48 PM
2027-01-15
$390.00
10/2/2026, 11:01:48 PM
2027-03-19
$400.00
10/2/2026, 11:01:48 PM
2027-06-17
$300.00
10/2/2026, 11:01:48 PM
2027-09-17
$340.00
10/2/2026, 11:01:48 PM
Selected expiration: 2026-10-09 at max pain $370.00.
ADI pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
315
0
23857250
23857250
320
0
22301750
22301750
325
0
20754250
20754250
330
0
19209250
19209250
335
0
17676750
17676750
340
0
16146250
16146250
345
500
14623250
14623750
347.5
1000
13867500
13868500
350
1500
13118000
13119500
352.5
14500
12371500
12386000
355
27500
11625250
11652750
357.5
41000
10881250
10922250
360
54500
10140250
10194750
362.5
69250
9412000
9481250
365
84000
8684250
8768250
367.5
100750
7964000
8064750
370
117500
7246750
7364250
372.5
139500
6531000
6670500
375
161500
5880750
6042250
377.5
183750
5233000
5416750
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.