This page reflects AESI 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 — AESI
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $12.50 (0.46 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$12.50
Nearest expiry
Expected Move
±$1.35
±11.2%
Days to Expiry
14
Calendar days
Total Call OI
7,088
Nearest expiry
Total Put OI
2,603
Nearest expiry
P/C OI Ratio
0.37
Put-heavy
Spot Price
$12.04
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$12.50
8/21/2026, 11:01:46 PM
2026-09-18
$10.00
9/18/2026, 11:02:11 PM
2026-10-16NextUpdated
$12.50
10/2/2026, 11:02:10 PM
2026-11-20
$12.50
10/2/2026, 11:02:10 PM
2026-12-18
$12.50
10/2/2026, 11:02:10 PM
2027-01-15
$12.50
10/2/2026, 11:02:10 PM
2027-04-16
$10.00
10/2/2026, 11:02:10 PM
Selected expiration: 2026-10-16 at max pain $12.50.
AESI pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
2524750
2524750
5
0
1874000
1874000
7.5
0
1223250
1223250
10
1750
575750
577500
12.5
24500
46750
71250
15
329500
12500
342000
17.5
1114000
3250
1117250
20
2125500
1000
2126500
22.5
3758750
250
3759000
25
5435750
0
5435750
27.5
7182750
0
7182750
30
8954750
0
8954750
35
12498750
0
12498750
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.