This page reflects CNC 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 — CNC
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $64.00 (1.01 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$64.00
Nearest expiry
Expected Move
±$3.09
±4.9%
Days to Expiry
7
Calendar days
Total Call OI
2,563
Nearest expiry
Total Put OI
2,656
Nearest expiry
P/C OI Ratio
1.04
Put-heavy
Spot Price
$62.99
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
$64.00
9/25/2026, 11:10:04 PM
2026-10-02Updated
$62.00
10/2/2026, 11:08:59 PM
2026-10-09Next
$64.00
10/2/2026, 11:08:59 PM
2026-10-16
$65.00
10/2/2026, 11:08:59 PM
2026-10-23
$65.00
10/2/2026, 11:08:59 PM
2026-10-30
$58.00
10/2/2026, 11:08:59 PM
2026-11-20
$60.00
10/2/2026, 11:08:59 PM
2026-12-18
$60.00
10/2/2026, 11:08:59 PM
2027-01-15
$25.00
10/2/2026, 11:08:59 PM
2027-03-19
$57.50
10/2/2026, 11:08:59 PM
2027-06-17
$70.00
10/2/2026, 11:08:59 PM
2027-09-17
$70.00
10/2/2026, 11:08:59 PM
Selected expiration: 2026-10-09 at max pain $64.00.
CNC pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
6821000
6821000
40
1000
5494000
5495000
51
4300
2575700
2580000
53
4900
2045700
2050600
54
5200
1780900
1786100
55
5600
1520600
1526200
56
6200
1262100
1268300
57
12100
1007800
1019900
58
18000
766800
784800
59
24000
611300
635300
60
30600
465900
496500
61
41300
355700
397000
62
55700
274400
330100
63
90100
204700
294800
64
153100
142100
295200
65
292300
83800
376100
66
454700
33000
487700
67
663500
22900
686400
68
877000
13200
890200
69
1094400
3500
1097900
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.