Nearest listed expiration 2026-10-09 shows max pain at $110.00 (4.15 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$110.00
Nearest expiry
Expected Move
±$3.95
±3.7%
Days to Expiry
7
Calendar days
Total Call OI
33,559
Nearest expiry
Total Put OI
17,444
Nearest expiry
P/C OI Ratio
0.52
Put-heavy
Spot Price
$105.85
Published close
Consensus
6.0/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$113.00
9/25/2026, 11:05:53 PM
2026-10-02Updated
$109.00
10/2/2026, 11:05:41 PM
2026-10-09Next
$110.00
10/2/2026, 11:05:41 PM
2026-10-16
$114.00
10/2/2026, 11:05:41 PM
2026-10-23
$109.00
10/2/2026, 11:05:41 PM
2026-10-30
$112.00
10/2/2026, 11:05:41 PM
2026-11-06
$111.00
10/2/2026, 11:05:41 PM
2026-11-20
$115.00
10/2/2026, 11:05:41 PM
2026-12-18
$110.00
10/2/2026, 11:05:41 PM
2027-01-15
$130.00
10/2/2026, 11:05:41 PM
2027-02-19
$110.00
10/2/2026, 11:05:41 PM
2027-03-19
$120.00
10/2/2026, 11:05:41 PM
2027-04-16
$110.00
10/2/2026, 11:05:41 PM
2027-06-17
$115.00
10/2/2026, 11:05:41 PM
2027-09-17
$115.00
10/2/2026, 11:05:41 PM
Selected expiration: 2026-10-09 at max pain $110.00.
BABA pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
80
0
45799600
45799600
85
0
37080600
37080600
90
0
28368600
28368600
95
0
19772100
19772100
96
4000
18093000
18097000
97
8100
16425300
16433400
98
12300
14760400
14772700
99
17000
13123900
13140900
100
26600
11509800
11536400
101
45300
10275900
10321200
102
65500
9068200
9133700
103
85900
7928400
8014300
104
107600
6866600
6974200
105
131800
5968400
6100200
106
171900
5185700
5357600
107
227100
4477000
4704100
108
371900
3824200
4196100
109
591700
3219800
3811500
110
919000
2646200
3565200
111
1516900
2255800
3772700
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.