What is APP max pain this week?

APP max pain for the nearest expiration (2026-10-09) is $305.00. Total call open interest: 6,829. Total put open interest: 9,620.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options APPMax Pain

APP

Applovin CorporationClose $268.22EOD only

Max Pain

$305.00

Next expiry Oct 9, 2026

Expected Move

±$8.30

3.1% from close

Price Gap

+36.78

Distance to max pain

IV Rank

Low premium

P/C OI

0.90

Balanced positioning

Consensus

4/4

Partial coverage

Published snapshot: Oct 2, 2026 close

End-of-day snapshot

This page reflects APP 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 — APP

Data as of market close Oct 2, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-10-09 shows max pain at $305.00 (36.78 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$305.00

Nearest expiry

Expected Move

±$8.30

±3.1%

Days to Expiry

Calendar days

Total Call OI

6,829

Nearest expiry

Total Put OI

9,620

Nearest expiry

P/C OI Ratio

1.41

Put-heavy

Spot Price

$268.22

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	$315.00	9/25/2026, 11:03:44 PM
2026-10-02Updated	$295.00	10/2/2026, 11:03:43 PM
2026-10-09Next	$305.00	10/2/2026, 11:03:43 PM
2026-10-16	$310.00	10/2/2026, 11:03:43 PM
2026-10-23	$310.00	10/2/2026, 11:03:43 PM
2026-10-30	$300.00	10/2/2026, 11:03:43 PM
2026-11-06	$310.00	10/2/2026, 11:03:43 PM
2026-11-20	$320.00	10/2/2026, 11:03:43 PM
2026-12-18	$350.00	10/2/2026, 11:03:43 PM
2027-01-15	$370.00	10/2/2026, 11:03:43 PM
2027-02-19	$330.00	10/2/2026, 11:03:43 PM
2027-03-19	$300.00	10/2/2026, 11:03:43 PM
2027-05-21	$340.00	10/2/2026, 11:03:43 PM
2027-06-17	$400.00	10/2/2026, 11:03:43 PM

Selected expiration: 2026-10-09 at max pain $305.00.

APP pain by strike for 2026-10-09 expiration
Strike	Call Pain	Put Pain	Total Pain
205	0	76848000	76848000
210	0	72039000	72039000
220	0	62430000	62430000
225	0	57627500	57627500
230	0	52831500	52831500
235	0	48050500	48050500
240	0	43277000	43277000
245	2000	38640000	38642000
250	4000	34049000	34053000
255	6000	29612500	29618500
260	8000	25271500	25279500
265	15000	21192500	21207500
270	23000	17266000	17289000
275	31000	13789500	13820500
280	71500	10684500	10756000
285	173000	7959000	8132000
290	352500	5696000	6048500
292.5	527500	4726500	5254000
295	702500	3813250	4515750
297.5	902500	3065250	3967750

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.