This page reflects AS 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 — AS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $28.00 (0.83 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$28.00
Nearest expiry
Expected Move
±$1.25
±4.6%
Days to Expiry
7
Calendar days
Total Call OI
234
Nearest expiry
Total Put OI
398
Nearest expiry
P/C OI Ratio
1.70
Put-heavy
Spot Price
$27.17
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
$26.50
9/25/2026, 11:03:31 PM
2026-10-02Updated
$27.00
10/2/2026, 11:03:11 PM
2026-10-09Next
$28.00
10/2/2026, 11:03:11 PM
2026-10-16
$27.50
10/2/2026, 11:03:11 PM
2026-10-23
$26.00
10/2/2026, 11:03:11 PM
2026-10-30
$29.00
10/2/2026, 11:03:11 PM
2026-11-20
$27.50
10/2/2026, 11:03:11 PM
2026-12-18
$30.00
10/2/2026, 11:03:11 PM
2027-01-15
$30.00
10/2/2026, 11:03:11 PM
2027-03-19
$30.00
10/2/2026, 11:03:11 PM
Selected expiration: 2026-10-09 at max pain $28.00.
AS pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
18
0
442900
442900
22
3200
255300
258500
23
4000
208500
212500
24.5
5200
139950
145150
25
5600
117200
122800
26
6500
73100
79600
26.5
7050
53200
60250
27
7650
33950
41600
27.5
10400
17500
27900
28
14600
1400
16000
28.5
19500
800
20300
29
28750
300
29050
30
50650
0
50650
30.5
63000
0
63000
31
75500
0
75500
32
100700
0
100700
33
126500
0
126500
34
152600
0
152600
35
178800
0
178800
36
205200
0
205200
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.