This page reflects AG 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 — AG
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $19.00 (1.33 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$19.00
Nearest expiry
Expected Move
±$0.93
±5.3%
Days to Expiry
7
Calendar days
Total Call OI
4,949
Nearest expiry
Total Put OI
2,774
Nearest expiry
P/C OI Ratio
0.56
Put-heavy
Spot Price
$17.67
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
$19.50
9/25/2026, 11:01:57 PM
2026-10-02Updated
$18.00
10/2/2026, 11:01:59 PM
2026-10-09Next
$19.00
10/2/2026, 11:01:59 PM
2026-10-16
$18.00
10/2/2026, 11:01:59 PM
2026-10-23
$19.00
10/2/2026, 11:01:59 PM
2026-10-30
$19.00
10/2/2026, 11:01:59 PM
2026-11-06
$17.50
10/2/2026, 11:01:59 PM
2026-11-20
$20.00
10/2/2026, 11:01:59 PM
2026-12-18
$15.00
10/2/2026, 11:01:59 PM
2027-01-15
$15.00
10/2/2026, 11:01:59 PM
2027-03-19
$20.00
10/2/2026, 11:01:59 PM
2027-04-16
$20.00
10/2/2026, 11:01:59 PM
2027-06-17
$20.00
10/2/2026, 11:01:59 PM
2027-09-17
$13.00
10/2/2026, 11:01:59 PM
Selected expiration: 2026-10-09 at max pain $19.00.
AG pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
11
0
3194850
3194850
12
100
2740950
2741050
13
700
2287150
2287850
14
1400
1833450
1834850
14.5
1900
1606650
1608550
15
2450
1379900
1382350
15.5
3750
1156950
1160700
16
5050
936200
941250
16.5
8600
718050
726650
17
18350
512000
530350
17.5
39200
346050
385250
18
68150
222700
290850
18.5
109350
155700
265050
19
165950
104150
270100
19.5
276350
71900
348250
20
393650
42750
436400
20.5
545350
26950
572300
21
729800
13950
743750
21.5
926250
2900
929150
22
1136150
1300
1137450
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.