This page reflects CAMT 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 — CAMT
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $150.00 (15.19 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$150.00
Nearest expiry
Expected Move
±$16.35
±9.9%
Days to Expiry
14
Calendar days
Total Call OI
1,826
Nearest expiry
Total Put OI
912
Nearest expiry
P/C OI Ratio
0.50
Put-heavy
Spot Price
$165.19
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
$160.00
8/21/2026, 11:07:11 PM
2026-09-18
$140.00
9/18/2026, 11:06:59 PM
2026-10-16NextUpdated
$150.00
10/2/2026, 11:08:22 PM
2026-11-20
$165.00
10/2/2026, 11:08:22 PM
2027-01-15
$120.00
10/2/2026, 11:08:22 PM
2027-02-19
$140.00
10/2/2026, 11:08:22 PM
Selected expiration: 2026-10-16 at max pain $150.00.
CAMT pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
85
0
3647000
3647000
95
0
2741000
2741000
100
0
2288500
2288500
105
0
1848000
1848000
110
0
1448500
1448500
115
0
1114500
1114500
120
0
865500
865500
125
0
633500
633500
130
0
446500
446500
135
0
283500
283500
140
1000
219000
220000
145
2500
160500
163000
150
30000
125500
155500
155
89500
90500
180000
160
163500
56500
220000
165
286500
29000
315500
170
428000
14000
442000
175
599000
7000
606000
180
1121000
0
1121000
185
1674000
0
1674000
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.