This page reflects COKE options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — COKE
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $190.00 (4.26 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$190.00
Nearest expiry
Expected Move
±$7.97
±4.1%
Days to Expiry
11
Calendar days
Total Call OI
358
Nearest expiry
Total Put OI
2,681
Nearest expiry
P/C OI Ratio
7.49
Put-heavy
Spot Price
$194.26
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
$185.00
8/21/2026, 11:08:23 PM
2026-09-18
$190.00
9/18/2026, 11:07:55 PM
2026-10-16NextUpdated
$190.00
10/5/2026, 11:08:14 PM
2026-11-20
$190.00
10/5/2026, 11:08:14 PM
2026-12-18
$175.00
10/5/2026, 11:08:14 PM
2027-03-19
$160.00
10/5/2026, 11:08:14 PM
Selected expiration: 2026-10-16 at max pain $190.00.
COKE pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
135
0
12042000
12042000
155
0
6704000
6704000
160
500
5369500
5370000
165
1500
4036500
4038000
170
2500
2712500
2715000
175
8500
1400500
1409000
180
15000
113000
128000
185
22500
54500
77000
190
34000
19500
53500
195
52000
8500
60500
200
111500
4000
115500
210
375500
0
375500
220
701500
0
701500
230
1051500
0
1051500
240
1406500
0
1406500
250
1761500
0
1761500
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.