This page reflects D 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 — D
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $62.50 (1.19 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$62.50
Nearest expiry
Expected Move
±$2.10
±3.4%
Days to Expiry
14
Calendar days
Total Call OI
4,441
Nearest expiry
Total Put OI
1,797
Nearest expiry
P/C OI Ratio
0.40
Put-heavy
Spot Price
$61.31
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
$67.50
8/21/2026, 11:11:54 PM
2026-09-18
$65.00
9/18/2026, 11:11:02 PM
2026-10-16NextUpdated
$62.50
10/2/2026, 11:11:00 PM
2026-11-20
$62.50
10/2/2026, 11:11:00 PM
2026-12-18
$67.50
10/2/2026, 11:11:00 PM
2027-01-15
$62.50
10/2/2026, 11:11:00 PM
2027-03-19
$65.00
10/2/2026, 11:11:00 PM
2027-04-16
$62.50
10/2/2026, 11:11:00 PM
2027-06-17
$70.00
10/2/2026, 11:11:00 PM
2027-09-17
$57.50
10/2/2026, 11:11:00 PM
Selected expiration: 2026-10-16 at max pain $62.50.
D pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
3548750
3548750
42.5
0
3100250
3100250
45
0
2652500
2652500
47.5
0
2208250
2208250
50
0
1771000
1771000
52.5
0
1340000
1340000
55
0
913250
913250
57.5
0
537750
537750
60
500
248750
249250
62.5
11500
61500
73000
65
107250
6500
113750
67.5
517000
1750
518750
70
1250500
0
1250500
72.5
2174250
0
2174250
75
3169000
0
3169000
77.5
4224000
0
4224000
80
5286250
0
5286250
85
7491250
0
7491250
90
9708750
0
9708750
95
11929250
0
11929250
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.