This page reflects CABA 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 — CABA
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $2.50 (0.50 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$2.50
Nearest expiry
Expected Move
±$0.38
±18.8%
Days to Expiry
14
Calendar days
Total Call OI
10,352
Nearest expiry
Total Put OI
1,441
Nearest expiry
P/C OI Ratio
0.14
Put-heavy
Spot Price
$2.00
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
$2.50
8/21/2026, 11:03:31 PM
2026-09-18
$2.50
9/18/2026, 11:07:03 PM
2026-10-16NextUpdated
$2.50
10/2/2026, 11:07:32 PM
2026-11-20
$2.00
10/2/2026, 11:07:32 PM
2027-01-15
$3.00
10/2/2026, 11:07:32 PM
2027-02-19
$3.00
10/2/2026, 11:07:32 PM
2027-05-21
$5.00
10/2/2026, 11:07:32 PM
Selected expiration: 2026-10-16 at max pain $2.50.
CABA pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
313350
313350
1.5
100
169250
169350
2
1250
102300
103550
2.5
13200
36850
50050
3
189100
26400
215500
3.5
426900
19100
446000
4
687650
12400
700050
4.5
1204700
6200
1210900
5
1722300
0
1722300
7.5
4310300
0
4310300
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.