This page reflects ASH 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 — ASH
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $60.00 (9.52 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$4.10
±5.9%
Days to Expiry
14
Calendar days
Total Call OI
2,784
Nearest expiry
Total Put OI
524
Nearest expiry
P/C OI Ratio
0.19
Put-heavy
Spot Price
$69.52
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
$70.00
8/21/2026, 11:03:38 PM
2026-09-18
$70.00
9/18/2026, 11:04:53 PM
2026-10-16NextUpdated
$60.00
10/2/2026, 11:04:38 PM
2026-11-20
$70.00
10/2/2026, 11:04:38 PM
2027-01-15
$60.00
10/2/2026, 11:04:38 PM
2027-04-16
$70.00
10/2/2026, 11:04:38 PM
Selected expiration: 2026-10-16 at max pain $60.00.
ASH pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
1259500
1259500
35
0
998500
998500
40
0
788000
788000
45
3500
583000
586500
50
7500
402500
410000
55
13500
279000
292500
60
27500
165500
193000
65
161000
59000
220000
70
348000
19500
367500
75
821500
0
821500
80
1653000
0
1653000
85
2794500
0
2794500
90
3984000
0
3984000
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.