This page reflects CRSP 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 — CRSP
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $55.00 (0.43 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$3.18
±5.7%
Days to Expiry
7
Calendar days
Total Call OI
647
Nearest expiry
Total Put OI
314
Nearest expiry
P/C OI Ratio
0.49
Put-heavy
Spot Price
$55.43
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
$50.00
9/25/2026, 11:10:10 PM
2026-10-02Updated
$55.00
10/2/2026, 11:08:41 PM
2026-10-09Next
$55.00
10/2/2026, 11:08:41 PM
2026-10-16
$55.00
10/2/2026, 11:08:41 PM
2026-10-23
$56.00
10/2/2026, 11:08:41 PM
2026-10-30
$55.00
10/2/2026, 11:08:41 PM
2026-11-06
$46.00
10/2/2026, 11:08:41 PM
2026-11-20
$55.00
10/2/2026, 11:08:41 PM
2027-01-15
$50.00
10/2/2026, 11:08:41 PM
2027-04-16
$55.00
10/2/2026, 11:08:41 PM
Selected expiration: 2026-10-09 at max pain $55.00.
CRSP pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
1331200
1331200
40
0
738200
738200
44
0
501400
501400
45
0
442800
442800
46
0
387700
387700
47
0
332900
332900
48
300
278200
278500
49
900
225700
226600
50
4100
179800
183900
51
10000
137300
147300
52
15900
98000
113900
53
22400
67100
89500
54
29000
38900
67900
55
41800
11900
53700
56
67700
8300
76000
57
98000
6000
104000
58
133300
4100
137400
59
173700
2400
176100
60
217200
1200
218400
61
284200
1000
285200
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.