This page reflects AVBP 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 — AVBP
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $20.00 (8.27 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$20.00
Nearest expiry
Expected Move
±$7.35
±26.0%
Days to Expiry
14
Calendar days
Total Call OI
22,520
Nearest expiry
Total Put OI
4,296
Nearest expiry
P/C OI Ratio
0.19
Put-heavy
Spot Price
$28.27
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
$30.00
8/21/2026, 11:05:22 PM
2026-09-18
$30.00
9/18/2026, 11:04:54 PM
2026-10-16NextUpdated
$20.00
10/2/2026, 11:04:49 PM
2026-11-20
$30.00
10/2/2026, 11:04:49 PM
2027-01-15
$25.00
10/2/2026, 11:04:49 PM
2027-04-16
$35.00
10/2/2026, 11:04:49 PM
Selected expiration: 2026-10-16 at max pain $20.00.
AVBP pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
12.5
0
5483250
5483250
15
0
4410250
4410250
17.5
0
3363250
3363250
20
0
2317000
2317000
22.5
1808750
1371500
3180250
25
4237000
432500
4669500
30
14029500
131500
14161000
35
24096000
81000
24177000
40
34567000
37000
34604000
45
45772500
15000
45787500
50
56996500
0
56996500
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.