This page reflects CVS 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 — CVS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $87.00 (0.54 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$87.00
Nearest expiry
Expected Move
±$3.22
±3.7%
Days to Expiry
7
Calendar days
Total Call OI
9,240
Nearest expiry
Total Put OI
3,475
Nearest expiry
P/C OI Ratio
0.38
Put-heavy
Spot Price
$86.46
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
$87.00
9/25/2026, 11:08:19 PM
2026-10-02Updated
$86.00
10/2/2026, 11:08:32 PM
2026-10-09Next
$87.00
10/2/2026, 11:08:32 PM
2026-10-16
$88.00
10/2/2026, 11:08:32 PM
2026-10-23
$88.00
10/2/2026, 11:08:32 PM
2026-10-30
$85.00
10/2/2026, 11:08:32 PM
2026-11-06
$87.00
10/2/2026, 11:08:32 PM
2026-11-20
$90.00
10/2/2026, 11:08:32 PM
2026-12-18
$75.00
10/2/2026, 11:08:32 PM
2027-01-15
$75.00
10/2/2026, 11:08:32 PM
2027-02-19
$90.00
10/2/2026, 11:08:32 PM
2027-03-19
$90.00
10/2/2026, 11:08:32 PM
2027-05-21
$82.50
10/2/2026, 11:08:32 PM
2027-06-17
$100.00
10/2/2026, 11:08:32 PM
2027-09-17
$85.00
10/2/2026, 11:08:32 PM
Selected expiration: 2026-10-09 at max pain $87.00.
CVS pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
10454100
10454100
65
2000
8409600
8411600
70
6500
6365600
6372100
74
10900
4730400
4741300
75
12200
4325100
4337300
76
13700
3924800
3938500
77
15600
3525500
3541100
78
17700
3128200
3145900
79
19800
2733600
2753400
80
21900
2343900
2365800
81
24200
1959600
1983800
82
29800
1633500
1663300
83
38800
1316100
1354900
84
53600
1017900
1071500
85
74600
788300
862900
86
126400
591700
718100
87
257200
426000
683200
88
474600
281000
755600
89
837300
188700
1026000
90
1340400
110000
1450400
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.