This page reflects ATI 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 — ATI
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $185.00 (7.42 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$185.00
Nearest expiry
Expected Move
±$13.15
±6.8%
Days to Expiry
14
Calendar days
Total Call OI
5,159
Nearest expiry
Total Put OI
6,321
Nearest expiry
P/C OI Ratio
1.23
Put-heavy
Spot Price
$192.42
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
$170.00
8/21/2026, 11:05:47 PM
2026-09-18
$190.00
9/18/2026, 11:05:10 PM
2026-10-16NextUpdated
$185.00
10/2/2026, 11:04:43 PM
2026-11-20
$175.00
10/2/2026, 11:04:43 PM
2027-01-15
$150.00
10/2/2026, 11:04:43 PM
2027-04-16
$210.00
10/2/2026, 11:04:43 PM
Selected expiration: 2026-10-16 at max pain $185.00.
ATI pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
80
0
63965000
63965000
85
1000
60806500
60807500
90
4500
57651500
57656000
95
10000
54499000
54509000
100
16500
51348000
51364500
105
23000
48199000
48222000
110
54500
45051500
45106000
115
87000
41906500
41993500
120
119500
38762000
38881500
125
153500
35620000
35773500
130
187500
32478500
32666000
135
222500
29337000
29559500
140
264000
26198500
26462500
145
305500
23102000
23407500
150
347000
20012500
20359500
155
388500
16973000
17361500
160
430000
13972500
14402500
165
475500
11015500
11491000
170
525500
8140000
8665500
175
658000
5477500
6135500
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.