This page reflects CDNS 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 — CDNS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $310.00 (41.35 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$310.00
Nearest expiry
Expected Move
±$7.80
±2.2%
Days to Expiry
7
Calendar days
Total Call OI
1,234
Nearest expiry
Total Put OI
677
Nearest expiry
P/C OI Ratio
0.55
Put-heavy
Spot Price
$351.35
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
$300.00
9/25/2026, 11:08:23 PM
2026-10-02Updated
$322.50
10/2/2026, 11:07:47 PM
2026-10-09Next
$310.00
10/2/2026, 11:07:47 PM
2026-10-16
$300.00
10/2/2026, 11:07:47 PM
2026-10-23
$325.00
10/2/2026, 11:07:47 PM
2026-10-30
$310.00
10/2/2026, 11:07:47 PM
2026-11-06
$310.00
10/2/2026, 11:07:47 PM
2026-11-20
$320.00
10/2/2026, 11:07:47 PM
2026-12-18
$310.00
10/2/2026, 11:07:47 PM
2027-01-15
$350.00
10/2/2026, 11:07:47 PM
2027-02-19
$310.00
10/2/2026, 11:07:47 PM
2027-03-19
$310.00
10/2/2026, 11:07:47 PM
2027-05-21
$300.00
10/2/2026, 11:07:47 PM
2027-06-17
$350.00
10/2/2026, 11:07:47 PM
2027-09-17
$290.00
10/2/2026, 11:07:47 PM
Selected expiration: 2026-10-09 at max pain $310.00.
CDNS pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
210
0
4814750
4814750
225
3000
3799250
3802250
230
4000
3461250
3465250
235
5000
3125750
3130750
240
6500
2791250
2797750
245
8000
2457250
2465250
250
9500
2125250
2134750
255
11500
1855250
1866750
260
13500
1608250
1621750
262.5
14750
1490500
1505250
265
16000
1373000
1389000
270
19000
1192500
1211500
275
22000
1047500
1069500
280
25000
906500
931500
282.5
26500
846750
873250
285
28000
787250
815250
287.5
31250
735500
766750
290
34500
684000
718500
292.5
38250
640500
678750
295
42000
597000
639000
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.