Nearest listed expiration 2026-10-05 shows max pain at $250.00 (1.52 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$250.00
Nearest expiry
Expected Move
±$3.35
±1.3%
Days to Expiry
3
Calendar days
Total Call OI
23,208
Nearest expiry
Total Put OI
10,069
Nearest expiry
P/C OI Ratio
0.43
Put-heavy
Spot Price
$251.52
Published close
Consensus
8.5/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-05
Expiration
Max Pain Strike
Last Updated
2026-09-30
$247.50
9/30/2026, 11:02:56 PM
2026-10-02Updated
$247.50
10/2/2026, 11:02:54 PM
2026-10-05Next
$250.00
10/2/2026, 11:02:54 PM
2026-10-07
$247.50
10/2/2026, 11:02:54 PM
2026-10-09
$247.50
10/2/2026, 11:02:54 PM
2026-10-16
$250.00
10/2/2026, 11:02:54 PM
2026-10-23
$250.00
10/2/2026, 11:02:54 PM
2026-10-30
$250.00
10/2/2026, 11:02:54 PM
2026-11-06
$245.00
10/2/2026, 11:02:54 PM
2026-11-20
$250.00
10/2/2026, 11:02:54 PM
2026-12-18
$230.00
10/2/2026, 11:02:54 PM
2027-01-15
$230.00
10/2/2026, 11:02:54 PM
2027-02-19
$250.00
10/2/2026, 11:02:54 PM
2027-03-19
$250.00
10/2/2026, 11:02:54 PM
2027-04-16
$260.00
10/2/2026, 11:02:54 PM
2027-06-17
$230.00
10/2/2026, 11:02:54 PM
2027-07-16
$270.00
10/2/2026, 11:02:54 PM
2027-09-17
$255.00
10/2/2026, 11:02:54 PM
Selected expiration: 2026-10-05 at max pain $250.00.
AMZN pain by strike for 2026-10-05 expiration
Strike
Call Pain
Put Pain
Total Pain
200
0
45465250
45465250
210
0
35403250
35403250
215
0
30383250
30383250
220
0
25376250
25376250
222.5
6000
22884000
22890000
225
12000
20400000
20412000
227.5
23750
17932000
17955750
230
35500
15499000
15534500
232.5
96750
13092750
13189500
235
158000
10727500
10885500
237.5
280000
8514500
8794500
240
455750
6365500
6821250
242.5
779000
4410000
5189000
245
1136500
2743000
3879500
247.5
1564750
1517000
3081750
250
2346750
680750
3027500
252.5
3677250
371250
4048500
255
5585000
158250
5743250
257.5
8814500
21000
8835500
260
12345000
0
12345000
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.