This page reflects CB 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 — CB
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $340.00 (9.11 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$340.00
Nearest expiry
Expected Move
±$9.25
±2.8%
Days to Expiry
14
Calendar days
Total Call OI
6,517
Nearest expiry
Total Put OI
5,150
Nearest expiry
P/C OI Ratio
0.79
Put-heavy
Spot Price
$330.89
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
$335.00
8/21/2026, 11:08:58 PM
2026-09-18
$340.00
9/18/2026, 11:07:43 PM
2026-10-16NextUpdated
$340.00
10/2/2026, 11:03:33 PM
2026-11-20
$340.00
10/2/2026, 11:03:33 PM
2026-12-18
$340.00
10/2/2026, 11:03:33 PM
2027-01-15
$330.00
10/2/2026, 11:03:33 PM
2027-02-19
$345.00
10/2/2026, 11:03:33 PM
2027-03-19
$340.00
10/2/2026, 11:03:33 PM
2027-05-21
$325.00
10/2/2026, 11:03:33 PM
2027-06-17
$340.00
10/2/2026, 11:03:33 PM
2027-09-17
$320.00
10/2/2026, 11:03:33 PM
Selected expiration: 2026-10-16 at max pain $340.00.
CB pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
250
0
39391500
39391500
275
0
26521500
26521500
285
0
21373500
21373500
290
0
18923000
18923000
295
0
16488500
16488500
300
500
14062500
14063000
305
9500
11641500
11651000
310
18500
9244000
9262500
315
30500
6868500
6899000
320
42500
4686500
4729000
325
55500
2582000
2637500
330
70500
1416500
1487000
335
154500
363500
518000
340
306000
116500
422500
345
690500
10000
700500
350
1946000
3000
1949000
355
3446500
0
3446500
360
5945500
0
5945500
365
8542500
0
8542500
370
11463500
0
11463500
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.