This page reflects CAR 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 — CAR
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $111.00 (0.22 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$111.00
Nearest expiry
Expected Move
±$7.10
±6.4%
Days to Expiry
7
Calendar days
Total Call OI
1,066
Nearest expiry
Total Put OI
328
Nearest expiry
P/C OI Ratio
0.31
Put-heavy
Spot Price
$111.22
Published close
Consensus
-
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
$110.00
9/25/2026, 11:06:24 PM
2026-10-02Updated
$109.00
10/2/2026, 11:04:08 PM
2026-10-09Next
$111.00
10/2/2026, 11:04:08 PM
2026-10-16
$140.00
10/2/2026, 11:04:08 PM
2026-10-23
$100.00
10/2/2026, 11:04:08 PM
2026-10-30
$120.00
10/2/2026, 11:04:08 PM
2026-11-20
$165.00
10/2/2026, 11:04:08 PM
2026-12-18
$160.00
10/2/2026, 11:04:08 PM
2027-01-15
$180.00
10/2/2026, 11:04:08 PM
2027-02-19
$140.00
10/2/2026, 11:04:08 PM
2027-05-21
$115.00
10/2/2026, 11:04:08 PM
Selected expiration: 2026-10-09 at max pain $111.00.
CAR pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
90
0
549800
549800
93
0
457100
457100
95
0
395900
395900
96
100
365800
365900
99
400
277900
278300
100
500
248700
249200
101
900
221000
221900
102
1300
193600
194900
103
1700
169300
171000
104
2300
145200
147500
105
3300
121200
124500
106
4700
108600
113300
107
6300
97500
103800
108
8000
86400
94400
109
11200
75600
86800
110
14400
65100
79500
111
20500
58400
78900
112
27600
52300
79900
113
35300
46700
82000
114
44900
41100
86000
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.