This page reflects CC 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 — CC
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $15.00 (1.29 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$15.00
Nearest expiry
Expected Move
±$0.30
±2.2%
Days to Expiry
7
Calendar days
Total Call OI
177
Nearest expiry
Total Put OI
589
Nearest expiry
P/C OI Ratio
3.33
Put-heavy
Spot Price
$13.71
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
$14.50
9/25/2026, 11:04:05 PM
2026-10-02Updated
$14.50
10/2/2026, 11:07:30 PM
2026-10-09Next
$15.00
10/2/2026, 11:07:30 PM
2026-10-16
$16.00
10/2/2026, 11:07:30 PM
2026-10-23
$11.50
10/2/2026, 11:07:30 PM
2026-10-30
$14.00
10/2/2026, 11:07:30 PM
2026-11-20
$15.00
10/2/2026, 11:07:30 PM
2027-01-15
$15.00
10/2/2026, 11:07:30 PM
2027-04-16
$16.00
10/2/2026, 11:07:30 PM
Selected expiration: 2026-10-09 at max pain $15.00.
CC pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
10
0
262250
262250
12
200
144450
144650
12.5
250
115200
115450
13
300
87000
87300
13.5
350
59700
60050
14
400
34300
34700
14.5
1000
12550
13550
15
5050
1450
6500
15.5
9900
800
10700
16
16550
450
17000
16.5
23850
300
24150
17
31500
150
31650
17.5
39900
50
39950
18
48450
0
48450
18.5
57100
0
57100
19
65800
0
65800
19.5
74550
0
74550
20
83350
0
83350
20.5
92150
0
92150
25
171800
0
171800
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.