What is CAT max pain this week?

CAT max pain for the nearest expiration (2026-10-09) is $817.50. Total call open interest: 3,844. Total put open interest: 3,930.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options CATMax Pain

CAT

Caterpillar, Inc.Close $845.42EOD only

Max Pain

$817.50

Next expiry Oct 9, 2026

Expected Move

±$30.15

3.6% from close

Price Gap

-27.92

Distance to max pain

IV Rank

Low premium

P/C OI

1.08

Balanced positioning

Consensus

4/4

Partial coverage

Published snapshot: Oct 2, 2026 close

End-of-day snapshot

This page reflects CAT 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 — CAT

Data as of market close Oct 2, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-10-09 shows max pain at $817.50 (27.92 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$817.50

Nearest expiry

Expected Move

±$30.15

±3.6%

Days to Expiry

Calendar days

Total Call OI

3,844

Nearest expiry

Total Put OI

3,930

Nearest expiry

P/C OI Ratio

1.02

Put-heavy

Spot Price

$845.42

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	$800.00	9/25/2026, 11:07:40 PM
2026-10-02Updated	$810.00	10/2/2026, 11:07:39 PM
2026-10-09Next	$817.50	10/2/2026, 11:07:39 PM
2026-10-16	$820.00	10/2/2026, 11:07:39 PM
2026-10-23	$810.00	10/2/2026, 11:07:39 PM
2026-10-30	$805.00	10/2/2026, 11:07:39 PM
2026-11-06	$800.00	10/2/2026, 11:07:39 PM
2026-11-20	$800.00	10/2/2026, 11:07:39 PM
2026-12-18	$820.00	10/2/2026, 11:07:39 PM
2027-01-15	$660.00	10/2/2026, 11:07:39 PM
2027-02-19	$860.00	10/2/2026, 11:07:39 PM
2027-03-19	$820.00	10/2/2026, 11:07:39 PM
2027-05-21	$770.00	10/2/2026, 11:07:39 PM
2027-06-17	$800.00	10/2/2026, 11:07:39 PM
2027-09-17	$800.00	10/2/2026, 11:07:39 PM

Selected expiration: 2026-10-09 at max pain $817.50.

CAT pain by strike for 2026-10-09 expiration
Strike	Put Pain	Total Pain
510	97831750	97831750
520	93918750	93918750
535	88050750	88050750
540	86095750	86095750
545	84140750	84140750
550	82188250	82188250
555	80237250	80237250
560	78286750	78286750
565	76336250	76336250
570	74387250	74387250
575	72440250	72440250
580	70496250	70496250
585	68552750	68552750
590	66609250	66609250
600	62722250	62722250
605	60783750	60783750
610	58850750	58850750
615	56927750	56927750
620	55020750	55020750
625	53117750	53117750

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.