This page reflects CLS 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 — CLS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $350.00 (37.32 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$350.00
Nearest expiry
Expected Move
±$11.70
±3.0%
Days to Expiry
7
Calendar days
Total Call OI
3,126
Nearest expiry
Total Put OI
4,802
Nearest expiry
P/C OI Ratio
1.54
Put-heavy
Spot Price
$387.32
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
$335.00
9/25/2026, 11:07:45 PM
2026-10-02Updated
$350.00
10/2/2026, 11:07:17 PM
2026-10-09Next
$350.00
10/2/2026, 11:07:17 PM
2026-10-16
$330.00
10/2/2026, 11:07:17 PM
2026-10-23
$350.00
10/2/2026, 11:07:17 PM
2026-10-30
$350.00
10/2/2026, 11:07:17 PM
2026-11-06
$370.00
10/2/2026, 11:07:17 PM
2026-11-20
$320.00
10/2/2026, 11:07:17 PM
2026-12-18
$320.00
10/2/2026, 11:07:17 PM
2027-01-15
$270.00
10/2/2026, 11:07:17 PM
2027-02-19
$330.00
10/2/2026, 11:07:17 PM
2027-03-19
$310.00
10/2/2026, 11:07:17 PM
2027-05-21
$320.00
10/2/2026, 11:07:17 PM
2027-06-17
$340.00
10/2/2026, 11:07:17 PM
2027-08-20
$260.00
10/2/2026, 11:07:17 PM
Selected expiration: 2026-10-09 at max pain $350.00.
CLS pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
170
0
76408750
76408750
195
0
63303750
63303750
215
2000
52823750
52825750
220
2500
50204250
50206750
225
3000
47584750
47587750
230
3500
44966250
44969750
235
4000
42355750
42359750
240
5000
39751250
39756250
245
6000
37418250
37424250
250
7000
35094250
35101250
255
8000
32779750
32787750
260
9000
30474250
30483250
265
10000
28178750
28188750
270
11000
25892250
25903250
275
12000
23949750
23961750
280
13000
22015250
22028250
282.5
63500
21064000
21127500
285
114000
20115250
20229250
290
216000
18231750
18447750
295
393500
16382750
16776250
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.