thetaOwl

ASX

ASE Technology Holding Co., LtdClose $47.45EOD only
Max Pain
$40.00
Next expiry Oct 16, 2026
Expected Move
±$2.05
4.3% from close
Price Gap
-7.45
Distance to max pain
IV Rank
4
Low premium
P/C OI
0.63
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects ASX 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 — ASX
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-16 shows max pain at $40.00 (7.45 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$40.00
Nearest expiry
Expected Move
±$2.05
±4.3%
Days to Expiry
14
Calendar days
Total Call OI
34,503
Nearest expiry
Total Put OI
11,672
Nearest expiry
P/C OI Ratio
0.34
Put-heavy
Spot Price
$47.45
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-16
ExpirationMax Pain StrikeLast Updated
2026-08-21$37.508/21/2026, 11:06:04 PM
2026-09-18$35.009/18/2026, 11:05:04 PM
2026-10-16NextUpdated$40.0010/2/2026, 11:04:34 PM
2026-11-20$45.0010/2/2026, 11:04:34 PM
2026-12-18$37.5010/2/2026, 11:04:34 PM
2027-01-15$35.0010/2/2026, 11:04:34 PM
2027-03-19$37.5010/2/2026, 11:04:34 PM
Selected expiration: 2026-10-16 at max pain $40.00.
ASX pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
2002130575021305750
22.512501838775018389000
2525001546975015472250
27.537501255200012555750
30750096725009680000
32.51200068107506822750
351725041972504214500
37.52650020117502038250
4049000138500187500
42.543100050750481750
45427325032504276500
47.5882475010008825750
5017105250017105250
52.525724750025724750
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.