This page reflects ATO 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 — ATO
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $160.00 (2.83 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$160.00
Nearest expiry
Expected Move
±$5.90
±3.8%
Days to Expiry
14
Calendar days
Total Call OI
1,135
Nearest expiry
Total Put OI
223
Nearest expiry
P/C OI Ratio
0.20
Put-heavy
Spot Price
$157.17
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, 11:04:15 PM
2026-09-18
$165.00
9/18/2026, 11:05:11 PM
2026-10-16NextUpdated
$160.00
10/2/2026, 11:05:39 PM
2026-11-20
$160.00
10/2/2026, 11:05:39 PM
2027-01-15
$170.00
10/2/2026, 11:05:39 PM
2027-04-16
$135.00
10/2/2026, 11:05:39 PM
Selected expiration: 2026-10-16 at max pain $160.00.
ATO pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
125
0
859000
859000
130
0
753000
753000
135
0
648500
648500
140
0
544500
544500
145
0
440500
440500
150
500
337000
337500
155
2000
237000
239000
160
6500
162500
169000
165
283000
114500
397500
170
605000
95000
700000
175
941500
75500
1017000
180
1332500
56000
1388500
185
1734500
36500
1771000
190
2189500
20000
2209500
195
2694500
9000
2703500
200
3215500
6000
3221500
210
4257500
0
4257500
220
5380500
0
5380500
230
6508500
0
6508500
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.