thetaOwl

AFL

AFLAC IncorporatedClose $111.54EOD only
Max Pain
$109.00
Next expiry Oct 9, 2026
Expected Move
±$2.52
2.3% from close
Price Gap
-2.54
Distance to max pain
IV Rank
46
Middle-high premium
P/C OI
0.55
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-10-09 shows max pain at $109.00 (2.54 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$109.00
Nearest expiry
Expected Move
±$2.52
±2.3%
Days to Expiry
7
Calendar days
Total Call OI
575
Nearest expiry
Total Put OI
228
Nearest expiry
P/C OI Ratio
0.40
Put-heavy
Spot Price
$111.54
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$110.009/25/2026, 11:01:52 PM
2026-10-02Updated$113.0010/2/2026, 11:02:11 PM
2026-10-09Next$109.0010/2/2026, 11:02:11 PM
2026-10-16$115.0010/2/2026, 11:02:11 PM
2026-10-23$112.0010/2/2026, 11:02:11 PM
2026-10-30$108.0010/2/2026, 11:02:11 PM
2026-11-06$112.0010/2/2026, 11:02:11 PM
2026-11-20$115.0010/2/2026, 11:02:11 PM
2026-12-18$115.0010/2/2026, 11:02:11 PM
2027-01-15$115.0010/2/2026, 11:02:11 PM
2027-02-19$120.0010/2/2026, 11:02:11 PM
2027-03-19$125.0010/2/2026, 11:02:11 PM
2027-05-21$80.0010/2/2026, 11:02:11 PM
2027-06-17$120.0010/2/2026, 11:02:11 PM
2027-09-17$115.0010/2/2026, 11:02:11 PM
Selected expiration: 2026-10-09 at max pain $109.00.
AFL pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
700906200906200
7524000792200816200
8072000678200750200
85158000564200722200
90274500450200724700
95401500336200737700
105679500108200787700
10670730085500792800
10773520062800798000
10876310040100803200
10979100017600808600
11081890012600831500
1118490009000858000
1128801006000886100
1139122003800916000
1149445002100946600
115977200400977600
11610135002001013700
117105030001050300
118108760001087600
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.