This page reflects BOOT 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 — BOOT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $120.00 (1.88 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$120.00
Nearest expiry
Expected Move
±$8.32
±6.8%
Days to Expiry
14
Calendar days
Total Call OI
1,386
Nearest expiry
Total Put OI
173
Nearest expiry
P/C OI Ratio
0.12
Put-heavy
Spot Price
$121.88
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
$155.00
8/21/2026, 11:06:01 PM
2026-09-18
$140.00
9/18/2026, 11:06:45 PM
2026-10-16NextUpdated
$120.00
10/2/2026, 11:03:49 PM
2026-11-20
$150.00
10/2/2026, 11:03:49 PM
2027-02-19
$135.00
10/2/2026, 11:03:49 PM
2027-05-21
$100.00
10/2/2026, 11:03:49 PM
Selected expiration: 2026-10-16 at max pain $120.00.
BOOT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
105
0
278000
278000
110
0
196500
196500
115
0
137000
137000
120
3000
85500
88500
125
96500
43000
139500
130
351000
11500
362500
135
652500
5000
657500
140
1037000
1500
1038500
145
1493500
0
1493500
150
1958000
0
1958000
155
2428500
0
2428500
160
2939500
0
2939500
165
3454500
0
3454500
170
3971500
0
3971500
175
4489000
0
4489000
185
5874000
0
5874000
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.