This page reflects COCO 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 — COCO
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $60.00 (4.03 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$3.98
±7.1%
Days to Expiry
14
Calendar days
Total Call OI
2,981
Nearest expiry
Total Put OI
929
Nearest expiry
P/C OI Ratio
0.31
Put-heavy
Spot Price
$55.97
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$70.00
8/21/2026, 11:10:08 PM
2026-09-18
$55.00
9/18/2026, 11:08:59 PM
2026-10-16NextUpdated
$60.00
10/2/2026, 11:07:49 PM
2026-11-20
$55.00
10/2/2026, 11:07:49 PM
2026-12-18
$40.00
10/2/2026, 11:07:49 PM
2027-01-15
$65.00
10/2/2026, 11:07:49 PM
2027-04-16
$40.00
10/2/2026, 11:07:49 PM
Selected expiration: 2026-10-16 at max pain $60.00.
COCO pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
3098000
3098000
35
0
2633500
2633500
40
0
2169000
2169000
45
0
1707000
1707000
50
5000
1255500
1260500
55
10000
829000
839000
60
146500
454000
600500
65
410500
199000
609500
70
735500
14000
749500
75
1511000
7000
1518000
80
2303500
2000
2305500
85
3156000
1500
3157500
90
4604000
1000
4605000
95
6052000
500
6052500
100
7501500
0
7501500
105
8960000
0
8960000
110
10421000
0
10421000
115
11884500
0
11884500
120
13373000
0
13373000
125
14862500
0
14862500
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.