This page reflects CI 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 — CI
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $272.50 (1.97 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$272.50
Nearest expiry
Expected Move
±$8.45
±3.1%
Days to Expiry
7
Calendar days
Total Call OI
662
Nearest expiry
Total Put OI
512
Nearest expiry
P/C OI Ratio
0.77
Put-heavy
Spot Price
$270.53
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
$272.50
9/25/2026, 11:07:39 PM
2026-10-02Updated
$270.00
10/2/2026, 11:04:02 PM
2026-10-09Next
$272.50
10/2/2026, 11:04:02 PM
2026-10-16
$290.00
10/2/2026, 11:04:02 PM
2026-10-23
$270.00
10/2/2026, 11:04:02 PM
2026-10-30
$270.00
10/2/2026, 11:04:02 PM
2026-11-06
$245.00
10/2/2026, 11:04:02 PM
2026-11-20
$270.00
10/2/2026, 11:04:02 PM
2026-12-18
$270.00
10/2/2026, 11:04:02 PM
2027-01-15
$260.00
10/2/2026, 11:04:02 PM
2027-03-19
$270.00
10/2/2026, 11:04:02 PM
2027-04-16
$280.00
10/2/2026, 11:04:02 PM
2027-06-17
$270.00
10/2/2026, 11:04:02 PM
2027-09-17
$280.00
10/2/2026, 11:04:02 PM
Selected expiration: 2026-10-09 at max pain $272.50.
CI pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
230
0
1692000
1692000
235
0
1438500
1438500
240
0
1187000
1187000
245
0
936000
936000
247.5
0
811500
811500
250
0
688750
688750
252.5
250
568000
568250
255
500
451250
451750
257.5
2500
343250
345750
260
4500
258000
262500
262.5
7500
188500
196000
265
11750
122750
134500
267.5
23000
82500
105500
270
37750
47750
85500
272.5
57000
27500
84500
275
99000
19500
118500
277.5
149750
13500
163250
280
206500
8250
214750
282.5
300000
4000
304000
285
394750
0
394750
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.