This page reflects AGO 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 — AGO
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $75.00 (6.53 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$2.62
±3.8%
Days to Expiry
14
Calendar days
Total Call OI
1,942
Nearest expiry
Total Put OI
600
Nearest expiry
P/C OI Ratio
0.31
Put-heavy
Spot Price
$68.47
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
$75.00
8/21/2026, 11:02:24 PM
2026-09-18
$75.00
9/18/2026, 11:01:48 PM
2026-10-16NextUpdated
$75.00
10/2/2026, 11:01:22 PM
2026-11-20
$70.00
10/2/2026, 11:01:22 PM
2027-01-15
$70.00
10/2/2026, 11:01:22 PM
2027-03-19
$95.00
10/2/2026, 11:01:22 PM
Selected expiration: 2026-10-16 at max pain $75.00.
AGO pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
1443500
1443500
50
500
1149500
1150000
55
1000
855500
856500
60
1500
571000
572500
65
2000
286500
288500
70
6500
15000
21500
75
13500
0
13500
80
435500
0
435500
85
1351000
0
1351000
90
2319000
0
2319000
95
3287000
0
3287000
100
4256500
0
4256500
105
5226000
0
5226000
110
6195500
0
6195500
130
10073500
0
10073500
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.